‘Woke’ Disney world has been rocked by more bad news, as the company will begin mass layoffs after a brutal quarterly earnings report.
Disney CEO Bob Iger gave the bad news on a corporate conference call on Wednesday. Iger said the Magic Kingdom will be laying off 7,000 workers. three percent of the company’s worldwide workforce.
“This reorganization will result in a more cost-effective, coordinated and streamlined approach to our operations… I do not make this decision lightly,” Iger said , according to ABC News. “While this is necessary to address the challenges we’re facing today, I do not make this […]
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