Disney Is Poised to Eliminate Thousands of Jobs Next Week

Walt Disney Co. plans to cut thousands of jobs next week

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including about 15% of the staff in its entertainment division

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Walt Disney Co. Chief Executive Officer Bob Iger announced plans

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Disney said in February it planned to eliminate 7,000 positions

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from its workforce of more than 220,000

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part of an overall strategy to shave $5.5 billion in annual costs

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The cuts are coming across the company, the people said

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Disney’s declined to comment

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