Disney Will Layoff 7,000 Employees to Save $5 Billion in Costs. “I Do Not Make This Decision Lightly,” CEO Bob Iger Says.
The mouse is about to clean house. That was the message heard loud and clear at Disney CEO Bob Iger’s first earnings report since he came out of retirement to head up the global entertainment company. In a bombshell call with analysts, Iger announced a sweeping corporate restructuring that will result in nearly 7,000 layoffs […]









