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    Home»Business»Disney Is Laying Off Hundreds of Workers Globally
    Business

    Disney Is Laying Off Hundreds of Workers Globally

    The Daily FuseBy The Daily FuseJune 3, 2025No Comments1 Min Read
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    Disney Is Laying Off Hundreds of Workers Globally
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    Disney is shedding a number of hundred employees, in keeping with studies within the Wall Street Journal and Deadline. It is the fourth and largest batch of cuts from the corporate within the final 10 months.

    Deadline reports that almost all of the cuts are from the corporate’s company monetary operations and Disney Leisure’s numerous divisions, together with movie and tv advertising, publicity, improvement, and casting.

    Associated: Here’s How Much 8 CEOs Made in 2024, From JPMorgan’s Jamie Dimon to Disney’s Bob Iger

    The Wall Road Journal notes that complete groups weren’t being eradicated, however the cuts span divisions globally.

    Disney, which is headquartered in Burbank, California, would not disclose the precise variety of layoffs this week, in keeping with the Los Angeles Occasions.

    In March, the corporate cut around 200 jobs, about 6% of the information workforce, largely affecting the ABC Information division in New York.

    In accordance with a submitting with the SEC, Disney had round 233,000 workers on the finish of September 2024. The corporate has minimize more than 8,000 roles since 2023, per Bloomberg.

    Disney reported better-than-expected Q2 earnings final month.

    Associated: Disney Announces Major Executive Changes, Including When CEO Bob Iger Is Leaving. Here’s What We Know.



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