Disney makes hundreds more layoffs as it cuts costs

Image for article Disney makes hundreds more layoffs as it cuts costs
News Source : BBC News

News Summary

  • Workers in Disney's film, television and finance departments will be affected
  • The entertainment giant has been under pressure as viewers move away from cable TV subscriptions in favour of streaming platforms
  • The California-based firm employs 233,000 workers, with just over 60,000 of those based outside the US
The cuts will impact multiple teams including marketing departments for its film and television units.Workers in Disneys casting and development and corporate finance departments will also be affe [+1188 chars]

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