Disney to eliminate 7,000 jobs, CEO Bob Iger says

(BURBANK, Calif.) -- Disney is set to eliminate 7,000 jobs, CEO Bob Iger said on the company's earnings call on Wednesday.The company is targeting a total of $5.5 billion in cost savings, Iger said. In all, $3 billion in cuts will come from content,... Read More.

Disney to lay off 7,000 workers, CEO Bob Iger says

(BURBANK, Calif.) -- Disney is set to lay off 7,000 workers, CEO Bob Iger said on the company's earnings call on Wednesday.The company is targeting a total of $5.5 billion in cost savings, Iger said. In all, $3 billion in cuts will come from content,... Read More.