Lay Offs Begin! Disney To Lay Off THOUSANDS Of Employees After MAJOR Losses Walt Disney Company

The Walt Disney Company has been a staple of family entertainment for decades. Lay offs are coming to the happiest place on earth very soon though. New ish CEO Bob Iger announced that the company would be doing some massive layoffs after losing billions of dollars on streaming and losing subscribers to their Disney Plus streaming service after just a few years. Between box office failures and viewership numbers dropping, it was only a a matter of time before before a company as large as Disney is facing finical struggles. Now reports say that over 7,000 employees are fixing to be laid off in April. How bad is it? Lets find out!