Disney is preparing additional layoffs across multiple divisions, including TV networks and its motion picture studio, according to sources. Managers have received targets for cost savings, with some divisions asked to achieve as much as 20% in annual reductions. The specifics of which divisions will be most affected and the total number of employees impacted remain unclear at this stage.
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Disney To Undergo More Layoffs With Divisions Eyeing Up To 20% In Cost Savings
This article summarizes reporting by Deadline.
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