Walt Disney on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7,000 jobs as part of an effort to save $5.5 billion (roughly Rs. Disney earlier reported its first quarterly decrease in subscriptions for its Disney+ streaming media unit, which lost more than $1 billion (roughly Rs. Disney said it planned to cut $2.5 billion (roughly Rs. Another $3 billion (roughly Rs. Revenue hit $23.512 billion (roughly Rs.
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