Disney to Begin Layoffs of 7,000 Staffers This Week: Bob Iger Cites Need for ‘Streamlined Approach to Our Business’

Disney to Begin Layoffs of 7,000 Staffers This Week: Bob Iger Cites Need for ‘Streamlined Approach to Our Business’

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Disney will begin layoff notices this week for more than 7,000 staffers whose positions will be eliminated as part of a deep cost-cutting effort that will be felt across all of the company’s key divisions. Disney CEO Bob Iger confirmed Monday morning in a memo to employees that the layoffs will…

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