New - Disney Considers Thousands of Layoffs Amid Major Cost-Cutting Push
Walt Disney Co. is reportedly considering eliminating thousands of jobs as part of a sweeping restructuring effort. According to Bloomberg News, some managers have been instructed to identify ways to reduce annual costs by 20%, raising concerns about widespread layoffs across the entertainment giant. The potential cuts come after multiple rounds of layoffs earlier this year under CEO Josh D'Amaro. No final number of job losses or timeline has been announced.
