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Disney to Lay Off 7000 Employees as CEO Bob Iger Slashes Spending Amid Profitability Crisis

ByMars

Feb 8, 2023
The Walt Disney Co. is eliminating 7,000 jobs worldwide, or more than 3 percent of its workforce, as CEO Bob Iger aims to slash a stunning $5.5 billion in spending in an attempt to save the once formidable company.
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