Iger disclosed the plan to significantly cut Disney’s overhead with massive staff reductions on Feb. 8. The cuts are expected to hit across the board and hit senior management levels as well as ...

Disney has had some of the biggest box office years of any studio in the history of movies in recent memory. The studio has produced so many blockbusters in the last few years, it honestly is ...

Disney will begin informing employees this week that they're being laid off. This will be the first of three rounds of cuts that will amount to 7,000 job losses. Disney is cutting costs after its ...

Walt Disney Co. will begin laying off employees this week in the first of three rounds of job cuts that were announced earlier in the year. In a company-wide message obtained by FOX Business on ...

Making good on an earlier Wall Street promise to slash $5.5 billion in costs, Disney CEO Bob Iger said the media giant would begin sacking some 7,000 employees this week. The job cuts will come in ...

Walt Disney World is a massive vacation destination that millions of people visit every year. In order to get people coming back year after year, Disney World has to keep reinventing itself with ...

March 27 (UPI) --Disney will start laying off workers this week in what is the first of three rounds to cut 7,000 jobs by the summer, according to a memo sent to staff Monday by chief executive ...

The Disney layoffs come as part of Iger’s massive restructuring of several Disney divisions. The reorg, which comes after Iger returned to the CEO position last November after originally ...