Disney CEO Bob Iger says company is looking to cut costs by $7.5 billion

Disney CEO Bob Iger says company is looking to cut costs by $7.5 billion

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Disney CEO Bob Iger is looking to further trim costs at the entertainment giant. He and the company said Wednesday afternoon that it has "increased our annualized efficiency target to $7.5 billion" while continuing to "aggressively manage" its cost base. Disney had said in February it wanted to…

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