Disney officials said that a second round of layoffs would start on April 24 as the company presses ahead with its objective of trimming around 3 percent of its 220,000-strong global workforce in a bid to cut costs.
The latest round of job cuts will affect employees across the United States, where the company employs around 166,000 people, Disney said in a statement to media outlets.
The layoffs will impact various divisions—including ESPN, Disney’s entertainment division, Disney Parks, and its Experiences and Product division—though hourly workers at Disney’s theme parks are not expected to be part of this round of cuts, the company said….