LOS ANGELES Walt Disney Co on Monday (March 27) began 7,000 layoffs announced earlier this year, as it seeks to control costs and create a more "streamlined" business, according to a letter Chief Executive Bob Iger sent to employees and seen by Reuters. Several major divisions of the company Disney Entertainment, Disney Parks, Experiences and Products, and corporate.
Walt Disney Company on Monday began 7,000 layoffs announced earlier this year, as CEO Bob Iger works to save the company some $5.5 billion, in a letter sent to employees Monday.
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