The Walt Disney Company is in the middle of being restructured, after Bob Iger announced that $5.5 billion in spending cuts would be coming — including 7,000 layoffs that were previously announced.
Cinderella Castle
We’ve already seen a few rounds of these layoffs happen, but Disney has indicated that more could be on the way. In March, Disney laid off a team of about 50 members on the next-generation storytelling and consumer-experiences unit, effectively squashing the company’s plans to expand into the metaverse. And now, we have another update.
Our handy (and portable!) ebook guides make sure you get the best deals and can plan a vacation of a lifetime.
