Disney CEO Bob Iger's layoff memo to employees: Read Here

Disney begins mass layoff of 7,000 employees, CEO announces

The CEO of Disney, Bob Iger, announced on Monday that his company will begin laying off employees starting this week, in what will be the first of three rounds scheduled after his announcement in February that the company would eliminate 7,000 jobs.

Disney to begin laying off 7,000 employees in multiple stages

The cuts represent about 3% of the company's staff.

Disney CEO Bob Iger's layoff memo to employees: Read Here

Disney CEO Bob Iger told employees layoffs will begin this week. Read his full memo below.  Dear Fellow Employees, As I shared with you in February, we have made the difficult decision to reduce our overall workforce by approximately 7,000 jobs as part of a strategic realignment of the company, including important cost-saving measures necessary for creating a more effective, coordinated and streamlined approach to our business. Over the past few…

Disney Begins First Wave of Layoffs at 7,000 Employees

Disney began the first wave of layoffs of its total 7,000 employee cut target this week.

The Walt Disney Company begins to lay off 7,000 employees affected

[Epoch Times 2023/03/28 News] (Epoch Times Reporter Li Yanchong's Joint Report) Based on a letter from Chief Executive Officer Bob Iger (Bob Iger) to employees seen by Reuters, Walt Disney Co (Walt Disney Co.) began the 7,000 layoffs announced earlier this year on Monday (3/27) to control costs and create a more “streamlined” business. According to a person familiar with the matter, several major divisions of the company — Disney Entertainment, …

Disney to Lay Off 7,000 Employees in Cost-Cutting Effort: Memo • iPhone in Canada Blog

Disney is set to lay off roughly 7,000 employees across three rounds before the summer starts, as part of a broader effort to reduce corporate spending and boost free cash flow, according to a memo from CEO Bob Iger obtained by CNBC. The layoffs, initially announced in February, will impact various divisions within Disney, including