Money
Disney to Cut Workforce by Up to 1,000 Employees Amid Cost-Cutting Measures
In a move towards further cost reduction, Disney is set to lay off as many as 1,000 employees under the leadership of new CEO Josh D'Amaro.
editorial-staff
1 min read
Updated 2 days ago
Summary
Disney has announced plans to implement a new phase of cost-cutting, which may involve laying off as many as 1,000 employees.
This decision comes as the company seeks to streamline operations and reduce expenses.
Josh D'Amaro, who has recently taken over as CEO, is expected to lead these efforts as Disney navigates its financial challenges.
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