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In February, it was reported at Disney’s earning call that that 7,000 Disney employees were going to be laid off in an effort to save $5.5 billion dollars in cost. Then in March, we got a rough timeline of when three rounds of layoffs would begin, with the first being in late March and the second sometime in April,
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The cuts follow the elimination of 2,500 manufacturing jobs in January.
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The cuts follow the elimination of 2,500 manufacturing jobs in January.
Amazon’s second phase of layoffs took place last month where the company fired 9,000 employees
Disney CEO Bob Iger announced the entertainment company would begin its first round of mass layoffs this week.