Disney preparing for more layoffs as part of cost-saving efforts

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Disney preparing for more layoffs as part of cost-saving efforts
Disney is reportedly preparing for additional layoffs as it aims for 20% cost savings. The company is asking some managers to cut costs by up to 20% and expects to lay off several thousand employees.
Why it matters: These layoffs signal ongoing workforce reductions and restructuring efforts at Disney, impacting thousands of employees.
Sources: Forbes Business · CNBC

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