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Disney BLOODBATH Begins Monday! Thousands GONE From Movie & TV Departments
Monday Morning is when it is reported that the latest round of lay offs will begin and it's supposed to consist of over 7,000 people mostly coming from the movie and television departments.
The Walt Disney Companies financials have been in trouble for a while now and it seems like even CEO Bob Iger can't stop the chickens from coming home to roast. After former CEO Bob Chapek announced lay offs in the fall, many thought Iger's return may hault that. Well those ideas were squashed quickly. After losing millions at the box office, 1.5 billion in loses on Disney Plus and losing millions of subscribers, eventually the rubber meets the road and this week the first round of Disney layoffs have begun this week. More to come in April and more this summer. It's going to be long line at unemployment line for former Disney employees. What is first? Lets find out!
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