Back in February, Bob Iger announced that the Walt Disney Company would undergo a restructuring, causing $5.5 billion in spending cuts.
As a part of this overhaul, 7,000 job cuts went into motion, and many lost their jobs in the following months. In March, the company laid off more than 300 employees in China who were working on its streaming services. Now, those layoffs are creating more questions as malfunctions affect the company’s streaming programs.