Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion in costs and make its streaming business profitable. The layoffs represent an estimated 3.6% of Disney's global workforce.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QVpOwJI
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