Thousands of Disney job cuts may be coming. Investors are asking what comes next.
Summary
Walt Disney is reportedly preparing to lay off thousands of employees in the near future. Following these reports, investors are closely watching the company to understand its upcoming strategic direction. Meanwhile, the entertainment giant's stock price showed little reaction to the news on Tuesday.
Reports that Walt Disney is poised to lay off thousands of workers wasn’t moving the needle for its languishing stock on Tuesday.
Source: Read the full story at MarketWatch.com - Top Stories
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