Walt Disney Co begins 7,000 layoffs

LOS ANGELES — Walt Disney Co on Monday began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more “streamlined” business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters. Several major divisions of the company – Disney Entertainment, Disney Parks, Experiences and … Continue reading Walt Disney Co begins 7,000 layoffs