Disney Implements Cost-Cutting with Hundreds of Job Cuts
TL;DR Summary
Disney is laying off several hundred employees globally as part of ongoing cost-cutting measures aimed at improving efficiency and profitability, particularly focusing on marketing, publicity, casting, development, and financial operations, amidst broader strategic realignments including a planned reduction of 7,000 jobs in 2023.
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- Disney to lay off several hundred employees globally amid $7.5 billion cost-cutting effort Yahoo Finance
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