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Disney plans thousands of layoffs, asks some managers to cut costs by 20%

· thenextweb.com · popularity 20/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

It would be the third round of Disney layoffs since Josh D’Amaro became chief executive. The company told shareholders in August it was weighing labour cuts to free up money for growth. Disney is planning thousands of job cuts and has asked some managers to target cost savings of 20%. Thomas Buckley …

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