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Walt Disney starts laying off 7000 employees in bid to control costs

Shortpedia

Content Team
Image Credit: NDTV

Amid the layoff season, Walk Disney has joined the league. Walt Disney Co has started the laying off process for its 7000 employees. The company announced laying off them previously. It will be able to save $5.5 billion. The company's other branches, including Disney Entertainment, Disney Parks, Experiences and Products, and corporate, would be affected.