Walt Disney Co will begin a se co nd wave of layoffs on Monday involving thousand s of jobs , as part of efforts to eliminate 7,000 positions and save $5.5 billion in co sts, ac co rding to sources familiar with the matter. The co mpany will cut ' several thousand ' jobs through Thursday, with the latest round of reductions bringing the total number of jobs culled to 4,000, Disney officials say. The cuts will occur across the co mpany's business segments, including Disney Entertainment, ESPN and Disney Parks, Experiences and Products, ac co rding to the sources , but are not expected to affect hourly frontline workers employed at the parks and resorts.
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