Disney Announces 1,000 Job Cuts Under New CEO Josh D'Amaro
Disney has announced the layoff of approximately 1,000 employees as part of cost-cutting measures under new CEO Josh D'Amaro. The cuts affect various divisions, including ESPN, Marvel Studios, and the marketing department. The move is part of a broader effort to streamline operations and reinvest in core businesses.
Tickers: $DIS
Topics: Corporate Restructuring Cost Reduction Disney Josh D'Amaro Layoffs