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Disney eyes thousands of layoffs, asks managers to target 20% savings: report

Source: nypost.com

M&A & RestructuringCompany FundamentalsCorporate Guidance & Outlook
Disney eyes thousands of layoffs, asks managers to target 20% savings: report

Walt Disney is considering cutting thousands of jobs, and some managers have been asked to target 20% in annual cost savings, Bloomberg News reported, citing people familiar with the matter. The report does not confirm that the job cuts or savings targets will be implemented.

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