Disney set to layoff thousands this week
This week, The Walt Disney Company is faced with a challenging transition as they layoff thousands of employees while engaging in a heated debate with Florida Governor Ron DeSantis. The Burbank-based entertainment giant has revealed a $5.5 billion cost savings proposal, which is the most significant shake-up since former CEO Bob Iger’s return in November, who declared the elimination of 7,000 positions in the start of the year. After carrying out this round, they have …