Disney lays off 7,000 as streaming subscribers decline2 min read . Updated: 09 Feb 2023, 07:30 AM IST
- The layoffs follow similar moves by the US tech giants that have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic.
Entertainment giant Disney said Wednesday it was laying off 7,000 employees, in CEO Bob Iger's first major decision since he was asked back to lead the company late last year.
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