Disney CEO Bob Iger, here in Hollywood, California in 2021, said on Monday his company will begin laying off staff starting this week.
Mandatory Credit:	Charley Gallay/Getty Images for Disney

Disney CEO Bob Iger, here in Hollywood, California in 2021, said on Monday his company will begin laying off staff starting this week.
Mandatory Credit: Charley Gallay/Getty Images for Disney

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Disney begins laying off 7,000 employees, CEO Bob Iger announces

Disney CEO Bob Iger on Monday said his company will begin laying off staff starting this week, the first of three rounds of expected cuts following his announcement in February that the company would axe 7,000 jobs.