U.S. · LABOR · NOV 3, 12:05 PM ET
Disney plans several thousand layoffs, asks some managers to cut costs by up to 20%
Reported by 31 outlets in the past day.
What happened
Disney expects to lay off several thousand employees in the latest round of job cuts for the entertainment giant. CNBC ↗
The numbers
New jobless claims
194,000 -2% vs. the previous four weeks
U.S. Labor Department via FRED · All data
Sources
- Disney plans several thousand layoffs, asks some managers to cut costs by up to 20% CNBC
- Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings Bloomberg
- Disney plans several thousand layoffs, asks some managers to cut costs by up to 20% CNBC
- Disney Plans to Lay Off Several Thousand Employees SFG Media
- Disney plans thousands of layoffs as managers face 20% savings target Human Resources Director