Disney, which announced it would fire 7,000 employees in February, announced this week that it will begin reducing its workforce. CEO Bob Iger stated that the mass layoffs to cut costs will occur at 3 different times until the summer begins.
In recent months, dozens of giant companies, from Amazon to Google, from Meta to Microsoft, have laid off thousands of their employees on the pretext of cutting costs. While this bad period in the industry continues, such a move will soon come from Disney, one of the largest media companies in the world, and 7000 people It was announced that he would be fired.
Today, there has been an important development regarding these mass layoffs. The company’s CEO, Bob Iger, announced in a memo to his employees this week that the workforce will begin to be cut. This is the company It will be the first of their layoffs, which will be divided into three in total.. As a result of all three, around 7,000 people will be expelled.
Looking to cut costs, Disney will have laid off 7,000 by the start of the summer.
In the note sent by Iger, “This week we are starting to inform employees whose positions have been affected by the company’s workforce reductions. Managers, next directly within four days will deliver the news to the first group of employees affected” Using his statements, he said that he will find out whether employees will be fired this week.
Iger, if your second layoffs are in April He said it will happen and affect more than a few thousand workers. In the continuation of the note, the final layoffs that will reach the target number of 7000 to be carried out before the start of summer stated requested.
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The move to lay off 7,000 people was first announced in February. In the statement made at that time, Disney’s media and distribution division, parks and facilities, and giant sports broadcaster ESPN was stated to be affected. US media giant Cost reduction of $5.5 billion He added that he had taken this step as part of his plans.