The Walt Disney Co. will be letting go of a few thousand workers this week. This is the second round of cuts in a plan to get rid of 7,000 jobs this year.

Disney officials say the most recent employees will be released from Monday to Thursday. When the first and second sets of layoffs are added together, the company will have cut about 4,000 jobs.

Job cuts happen in many different parts of the business, such as entertainment, ESPN, parks, experiences, and goods. Cuts are also happening in Burbank, California, New York, and Connecticut, among other places. The company has said before that it doesn’t think the job cuts will affect hourly front-line management jobs at its parks and resorts.

Disney plans to start a third round of layoffs before the start of the summer so that it can reach its goal of getting rid of 7,000 jobs.

In February, Disney CEO Bob Iger said that the corporation would be laying off some 7,000 people as part of a massive cost-cutting initiative and “strategic reorganization.” About 3% of the global staff of the entertainment giant will be let go because of the job cuts.

Disney has said that the job cuts are part of a plan to save the Burbank-based company $5.5 billion in costs.

Monday at noon, Disney stock went down a little bit.