Disney begins layoffs of 7,000 this week in first of three phases

Disney begins layoffs of 7,000 this week in first of three phases

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Walt Disney Co. will begin the process of eliminating 7,000 jobs this week, company Chief Executive Bob Iger said in a memo to staff Monday. “This week, we begin notifying employees whose positions are impacted by the company’s workforce reductions,” Iger wrote in the memo, obtained by…

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