Disney CEO Bob Iger has confirmed that Disney will initiate an aggressive round of layoffs this week, the first of three rounds of cuts that will result in approximately 7,000 job losses.The measured move is part of a broader strategy to cut costs and restore the company’s financial health. As part of this strategy, Disney last month announced that they would cut $5.5 billion in expenses, including $3 billion in content spending.“As I shared with you in February, we have made the difficult decision to reduce our overall workforce by approximately 7,000 jobs as part of a strategic realignment of...