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Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings

First reported by Bloomberg · 1h ago

The signal ●○○○ Brief pending · reported by Bloomberg, the single source so far

What happened

Walt Disney Co. 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.

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Disney

Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings

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