Walt Disney Co will slash 7,000 jobs as part of a $5.5 billion cost-saving push. The layoffs are projected to constitute 3.6% of Disney’s global workforce. The firm will restructure into three sectors. Walt Disney Co (DIS.N) unveiled a massive restructuring on Wednesday under newly reinstated CEO Bob Iger, slashing 7,000 jobs as part of a $5.5 billion cost-saving push