https://www.cnbc.com/2019/04/12/disneys-iger-says-more-job-cuts-ahead-after-fox-deal.html

Disney's chief executive said that the company has only just started making global layoffs as it works to incorporate its newly acquired assets from 21st Century Fox.

Bob Iger, the chairman and CEO of the Walt Disney Company, added that the job cuts are necessary to generate beneficial synergies, an industry term referring to the impact a business tip-up can have on profits or revenues.