Disney Eyes Thousands of Layoffs, Managers Asked to Cut 20% in Costs, Bloomberg News Reports
A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 21, 2025. (Reuters/Jeenah Moon)
Share
|
Getting your Trinity Audio player ready...
|
Walt Disney is eyeing thousands of job cuts and is asking some managers to target 20% in annual cost savings, Bloomberg News reported on Monday, citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Abu Sultan in Bengaluru; Editing by Rashmi Aich)
