Disney laying off 7,000 staff but doubling down on streaming

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Disney is laying off 7,000 members of staff as it seeks to cut $5.5 billion (£4.5 billion) in costs. Returning Disney CEO Bob Iger announced the news that he would be laying off 4 percent of the company’s global workforce at an earnings report on Wednesday. He didn’t specify exactly where these cuts would be […]

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Created 2y | Feb 9, 2023, 10:20:24 AM


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