Disney Plans 7,000 Layoffs After 2 Million Unsubscribe From ‘Woke’ Streaming Service
The Mouse House is planning to cut 7,000 jobs after news that its streaming service Disney+ is hemorrhaging subscribers. Disney CEO Bob Iger announced on Wednesday that the effort is part of a $5.5 billion cost-saving measure. “I do not make this decision lightly,” Iger said on a conference call with investors. He also said … Continue reading Disney Plans 7,000 Layoffs After 2 Million Unsubscribe From ‘Woke’ Streaming Service
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