WORLD · LABOR · NOV 2, 10:20 PM ET
Disney plans thousands of layoffs while targeting 20% cost savings
Reported by 32 outlets in the past day.
What happened
Some of the company's operations, ranging from theme parks, TV network and a movie studio, will be affected disproportionately. The Japan Times ↗
The numbers
New jobless claims
194,000 -2% vs. the previous four weeks
U.S. Labor Department via FRED · All data
Sources
- Disney plans thousands of layoffs while targeting 20% cost savings The Japan Times
- 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 Expected to Lay Off Thousands of Staffers in Biggest Round of Cuts This Year Variety
- Disney plans thousands of layoffs as managers face 20% savings target Human Resources Director