
The Walt Disney Co.’s plan to eliminate 7,000 staffers is hitting ESPN this week.
Returning chairman and CEO Bob Iger announced the layoffs as part of a cost-cutting effort designed to boost profits and satisfy activist investors.

The Walt Disney Co.’s plan to eliminate 7,000 staffers is hitting ESPN this week.
Returning chairman and CEO Bob Iger announced the layoffs as part of a cost-cutting effort designed to boost profits and satisfy activist investors.