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Disney Targets 20% Cost Savings in Thousands of Layoffs

· bloomberg.com · popularity 39/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

Disney is planning thousands of job cuts and asking some managers to target 20% in annual cost savings that could come from job eliminations as well as from expense reductions, according to people familiar with the matter. Geetha Ranganathan of Bloomberg Intelligence has more. (Source: Bloomberg)

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