![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account As of October 1, Disney had 220,000 employees - making the 7,000-person reduction about 3% of its global workforce. The latest wave of layoffs taking place this week is expected to bring the total number of job cuts to more than 6,500, approaching the 7,000 figure previously announced by Iger. The labor cuts make up 30% of this figure, with another 50% coming from marketing operations and 20% from decreased spending on technology, procurement, and other expenses, the company said. In February, Iger announced the media giant would axe roughly 7,000 employees from its global workforce in three waves before the start of summer, an undertaking aimed at saving $5.5 billion in costs. The first two waves of layoffs took place in March and April, eliminating roughly 4,000 jobs, including at ESPN, Disney’s entertainment division, Disney Parks, and its Experiences and Product division. Our fleet features ice-strengthened hulls for superior navigation in ice-packed polar waters and boast exceptional. Our vessels, which are optimized for polar travel, range from 128 to 199 passengers and provide an excellent home base for your polar exploration. It was not immediately known which divisions would be impacted by the latest round of cuts. Quark Expeditions operates more ships in the polar regions than any other operator. More than 2,500 staff are expected to lose their jobs across the latest wave of layoffs, the source said, in what is anticipated to be the last significant round of cuts that were previously announced by Disney CEO Bob Iger. ![]() A third wave of expected layoffs is underway at Disney, and employees impacted by the cuts are being notified this week, a source familiar with the situation told CNN.
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