Disney begins third round of expected layoffs, affecting around 2,500 jobs: Report

Disney is reportedly entering into the third round of job cuts. According to a report by CNN, the layoffs are likely to affect 2,500 jobs, notifying impacted employees this week. It is anticipated to be the last significant round of layoffs that was previously announced by Disney’s reinstated CEO Bob Iger. It is still unknown which divisions would be impacted by the latest round of cuts.