Disney plans to lay off as many as 1,000 employees over the next few months, the first cuts since Josh D'Amaro was named CEO. The reduction signals early restructuring and cost-cutting under new management and may modestly pressure investor sentiment and the stock in the near term.
Disney plans to lay off as many as 1,000 employees over the next few months, the first cuts since Josh D'Amaro was named CEO. The reduction signals early restructuring and cost-cutting under new management and may modestly pressure investor sentiment and the stock in the near term.
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Request a DemoOverall Sentiment
moderately negative
Sentiment Score
-0.55
Ticker Sentiment