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WEKU
WEKU
The Associated Press

ESPN announces layoffs as part of Disney's moves to cut costs

The Walt Disney Co. logo appears on a screen above the floor of the New York Stock Exchange on Aug. 8, 2017, in New York. (Richard Drew/AP)

ESPN began informing employees of layoffs Monday, which are job cuts that are taking place throughout its corporate owner, the Walt Disney Company.

Disney CEO Bob Iger announced in February that the company would reduce 7,000 jobs either through not filling positions or layoffs.

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