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Disney Reportedly To Cut Hundreds Of Jobs In HR And Technology
Source: Nasdaq
M&A & RestructuringMedia & EntertainmentManagement & Governance
Walt Disney is eliminating hundreds of jobs across its human-resources and technology functions, according to Reuters. The cuts indicate continued cost-restructuring efforts at the media company and may modestly support margins, but are negative for workforce sentiment.
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Overall Sentiment
moderately negative
Sentiment Score
-0.45
Ticker Sentiment
DIS-0.55
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