Disney kicks off second round of sackings, 4,000 employees to be impacted
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Entertainment giant Disney kicked off its second round of layoffs on Monday that will affect 4,000 employees. According to a CNBC report, a third round is expected to start before the beginning of the summer. Disney plans to reduce its workforce by 7,000 jobs as part of a larger reorganisation that will see the company cut $5.5 billion in costs.