Disney plans several thousand layoffs, asks some managers to cut costs by up to 20%
Summary
Entertainment giant Disney is preparing to eliminate several thousand jobs in a new wave of workforce reductions. Additionally, the company has instructed specific managers to find ways to reduce their departmental expenses by up to twenty percent.
Disney expects to lay off several thousand employees in the latest round of job cuts for the entertainment giant.
Source: Read the full story at US Top News and Analysis
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