The Guardian Australia – Business
·business
·4 hours ago
Disney to cut 1,000 jobs as CEO announces layoffs across company
Disney announced it will cut 1,000 jobs across its studio, television, and ESPN divisions as part of a restructuring effort on Tuesday. CEO Josh D'Amaro stated in an email that the layoffs are necessary to create a more agile workforce. This move follows broader layoffs in the industry amid declining television viewership and increased competition.
Summary by Glance · The Guardian Australia – Business
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