Disney announces 'strategic restructuring' amid thousands of job cuts trends now

Dividing Disney: Company to restructure into three segments - Entertainment, ESPN, and Disney Parks, Experiences and Products - one day after CEO Bob Iger announced 7,000 job cuts Walt Disney has unveiled a vast restructuring scheme amid thousands of job cuts CEO Robert 'Bob' Iger also announced he will step down in the next two years The embattled entertainment giant says it hopes to save $5.5 billion in costs

By Aneeta Bhole For Dailymail.Com

Published: 19:06 GMT, 9 February 2023 | Updated: 19:22 GMT, 9 February 2023