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Fortune
Fortune
Chloe Taylor

Disney’s 7,000 layoffs will come in 3 waves starting this week, Bob Iger tells staff

Bob Iger attends the AFI Awards at Four Seasons Hotel Los Angeles at Beverly Hills on January 13, 2023 in Los Angeles, California. (Credit: Michael Kovac/Getty Images for AFI)

Disney CEO Bob Iger told staff they would begin finding out if they are to be laid off this week as he asked employees to brace themselves for “challenges ahead.”

In a memo to staff published by CNBC on Monday, Iger told employees that this week, management would begin notifying those whose positions would be cut as part of the restructuring he announced last month.

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