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  1. 7,000 jobs
    • According to 3 sources
    Disney said it would cut 7,000 jobs from its global workforce, part of a multibillion-dollar cost-cutting initiative aimed at streamlining the company’s operations in a period of media industry turmoil. Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in the United States.
    Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion in costs and make its streaming business profitable.
    Walt Disney Co. said it plans to cut 7,000 jobs and slash $5.5 billion in costs as part of a major corporate reorganization that gives more power to the company’s content executives and puts a greater emphasis on sports media at the company.
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    The Walt Disney Co. said Wednesday it will cut about 7,000 jobs as part of a "significant transformation" announced by CEO Bob Iger. The job cuts amount to about 3% of the media and entertainment's global workforce and were announced after Disney reported quarterly results that topped Wall Street's forecasts.
    Disney is the latest media company to announce job cuts in response to slowing subscriber growth and increased competition for streaming viewers. Disney earlier reported its first quarterly decrease in subscriptions for its Disney+ streaming media unit, which lost more than $1 billion.
    The company says the job reductions are part of a targeted $5.5 billion cost savings across the company. As of Oct. 1, Disney employed 220,000 people, of which about 166,000 worked in the U.S. and 54,000 internationally.
    Disney will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs as new CEO Bob Iger continues his overhaul of the media giant. Disney will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs as new CEO Bob Iger continues his overhaul of the media giant. HOME MAIL NEWS FINANCE SPORTS ENTERTAINMENT LIFE
  3. Disney announces layoffs, cost cuts, ESPN plan - CNBC

  4. Disney plans to cut 7,000 jobs and reward shareholders - CNN

  5. Disney begins laying off 7,000 employees, CEO Bob …

    Mar 27, 2023 · New York CNN —. Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in...

  6. Disney to cut 7,000 jobs as CEO Bob Iger seeks "transformation"

  7. Disney to lay off 7,000 workers, cut $5.5 billion worth …

    Feb 8, 2023 · Disney ( DIS) will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs. As a result, the media giant plans to restructure the organization into three core business segments:...

  8. Disney to cut 7,000 jobs in major revamp by CEO Iger | Reuters

  9. Disney to cut 7,000 jobs in Iger’s company ‘transformation’

  10. Disney to cut 7,000 jobs despite revenue growth, CEO …

    Feb 8, 2023 · 1:26. LOS ANGELES — The Walt Disney Co. said Wednesday it will cut about 7,000 jobs as part of a “significant transformation” announced by CEO Bob Iger. The job cuts amount to about 3% of...

  11. Disney Plans to Cut 7,000 Jobs, $5.5 Billion in Costs - WSJ

  12. Disney to cut 7,000 jobs, restructure company in cost-saving …