Entertainment

Disney to Chop 7,000 Jobs in Hopes of Saving $5.5 Billion

DOOMSDAY

CEO Bob Iger said the layoffs will affect about 3.2 percent of Disney employees worldwide.

Asta Hemenway
Asta Hemenway 

Former Politics Reporting Fellow

Disney CEO Bob Iger is seen at the world premier for the film 'The King's Man' at Leicester Square in London, Britain.
Hannah McKay/Reuters
Asta Hemenway

Asta Hemenway

Former Politics Reporting Fellow

astahemenway

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