Disney plans thousands of layoffs while targeting 20% cost savings

🌐 The Japan Times (Japan) —

AI Summary

Disney is planning thousands of layoffs as it seeks to reduce costs by 20%. The cuts are expected to affect parts of its theme park, television network, and film studio operations to varying degrees.

Some of the company's operations, ranging from theme parks, TV network and a movie studio, will be affected disproportionately.

Markets Deals Travel Disney layoffs cost savings restructuring theme parks television film studio

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