Disney Laying Off 7,000 Employees, or 3% of Workforce, Eyes $5.5 Billion in Total Cost Reductions
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Disney Laying Off 7,000 Employees, or 3% of Workforce, Eyes $5.5 Billion in Total Cost Reductions

Bob Iger is back as Disney’s CEO — and swinging the axe. Disney will reduce its workforce by 7,000 employees in a bid to cut costs, Iger said Wednesday on the company’s earnings call for the year-end 2022 quarter. The figure represents 3.2% of Disney’s total headcount of about 220,000 worldwide as of Oct. 1, […]

February 9, 2023

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