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Walt Disney to Cut Thousands of Jobs and Aim for 20% Annual Cost Reduction

Zero Hedge +5 · ·by G4L

DIS Walt Disney Co
$118.23 -1.19%
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  1. 1Walt Disney plans to implement job cuts involving thousands of employees.
  2. 2Some managers have been asked to target a 20% reduction in annual costs.
  3. 3Disney's global headcount stands at 231,000 at the end of fiscal year 2025.

So what's the key point?

Walt Disney plans to reduce its workforce by thousands of employees. Managers have been asked to cut annual costs by 20%.

Source Zero Hedge +5 · View original ↗

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