India, March 21 -- Walt Disney Co. (DIS) began slashing jobs at 20th Century Fox less than two days after completing its $71 billion takeover of the storied film studio, according to the reports citing people familiar with the matter.

The layoffs, focused on senior management in the Fox film division, included Chris Aronson, president of domestic theatrical distribution; product strategy chief Mike Dunn; and three senior marketing executives, according to people with knowledge of the matter. Stacey Snider, the studio's chairman, said months ago that she would be leaving.

The merger combines Fox's movie labels -- Twentieth Century Fox, Fox Family, Fox Searchlight Pictures, Fox 2000 and Blue Sky Studios -- with Disney film banners such as W...