Disney Starts 2nd Round of Layoffs as It Aims to Slash 7,000 Jobs

Disney Starts 2nd Round of Layoffs as It Aims to Slash 7,000 Jobs
A 3D-printed Disney logo in front of the ESPN+ logo in a photo illustration taken on July 13, 2021. Dado Ruvic/Illustration/Reuters
Tom Ozimek
Updated:
0:00

Walt Disney Co. officials said a second round of layoffs started on April 24 as the company presses ahead with its objective of trimming roughly 3 percent of its 220,000-strong global workforce in a bid to rein in costs.

The latest round of job cuts will affect employees across the United States, where the company employs about 166,000 people, Burbank, California-based Disney said in a statement to media outlets.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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