Thousands of job cuts have already affected Disney employees recently, and thousands more will be happening this week.
©Disney | Walt Disney Company Headquarters
CEO Bob Iger announced in February that The Walt Disney Company was implementing a plan to cut $5.5 billion in annual costs, and part of that plan involved about 7,000 job cuts across the company. The first wave of layoffs and job cuts happened in March, and the next wave (and the biggest one) is happening this week (the week of April 24th). Now, we have more details about those cuts.
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