Illustration: Alex Castro / The Verge
Disney’s planned job cuts that will eliminate 7,000 jobs are about to begin, as the first of three rounds of layoffs will start this week, CEO Bob Iger said in a memo to employees obtained by CNBC.
Staff affected by this first round will hear from leaders “over the next four days,” according to Iger. The second round of cuts, which is set to encompass “several thousands” of people, will happen sometime in April. The third round will happen “before the beginning of the summer.”
Iger first revealed Read Entire Article
