Disney plans thousands of layoffs, targeting 20% cost savings
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What happened
Disney has cut billions of dollars in costs and eliminated thousands of jobs in recent years, with reductions affecting every division. (EPA Images pic) FLORIDA: Walt Disney is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter. (Free Malaysia Today, 09:14)
The reporting
1 report
Photo: Free Malaysia Today Free Malaysia Today·News·EN·3 Nov, 09:14 MYTDisney plans thousands of layoffs, targeting 20% cost savings
Disney has cut billions of dollars in costs and eliminated thousands of jobs in recent years, with reductions affecting every division. (EPA Images pic) FLORIDA: Walt Disney is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20%…
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Timeline
- DetectedFirst detected (Free Malaysia Today) source
Where it started
How it spread
- Step 1News outletsFree Malaysia Today09:14
Internet reaction
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What we know
- Covered by 1 established outlet(s): Free Malaysia Today
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- Independent confirmation is missing; treat specifics as unverified
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