After firing 7,000 employees in February, Disney to sack 4,000 more people soon?

Entertainment conglomerate Disney is planning for another round of layoffs, which would affect as many as 4,000 employees.

According to media reports, Disney, which fired 7,000 employees in February, has asked managers to come up with budget cuts and prepare a list of people who could be laid off.

There is no clarity on how the layoff will be done. It could be either done in batches, or in one go.

The news of possible job cuts comes ahead of the company's annual meeting on April 3.

The company is also reportedly considering reducing general entertainment meant for adults and is weighing its options on what to do with Hulu, which is co-owned by Disney and Comcast Corp.

Disney CEO Bob Iger had in February while announcing the layoffs, said the company was planning a strategic reorganisation which would result in a more cost-effective, coordinated, and streamlined approach to its operations and assured that the company is committed to running its business more efficiently, especially in a changing economic environment.