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Disney's Bob Iger Will Lay Off 7,000 Workers
Views: 1 · Added: 366 days agoDisney's Bob Iger is planning to lay off 7,000 employees in a 'significant transformation' to cut back costs as he eliminates some of his predecessor's efforts.
On Wednesday, Iger announced his plans to restructure the company, EvDEN eVe nakliyAT effectively eliminating the Disney Media and Entertainment Distribution group set up under former CEO Bob Chapek.
The new structure, eVDen EVE NAKliyAt according to the , will have only three divisions, Disney Entertainment — which will include film and TV assets as well as Disney+; ESPN — which will include ESPN and ESPN+; and eVden evE naKliYAt Parks, Experiences and eVDeN eVE NakLiyat Products — which will include theme parks and the consumer products team.
As part of that changeup, Disney will cut 7,000 jobs — representing a little over three percent of its global workforce.
In the event you liked this information and eVDEn Eve naKliYaT also you would want to acquire details with regards to eVdEN eVE naKLiyat kindly pay a visit to our own webpage. The cuts are likely to predominantly affect the entertainment and ESPN divisions, despite the company beating analyst's expectations for the fourth quarter of 2022.
The changeup comes as Florida Gov.
Ron DeSantis seizes control of Disney's Reedy Creek Improvement District and the company faces a proxy battle with an activist investor seeking to gain a seat on the board.