www.antena3.ro/economic/disney-vrea-sa-dea-afara-c

Disney is planning another round of layoffs that could impact thousands of employees as part of a broader cost-cutting strategy. Managers have been instructed to reduce expenses by up to 20%. This follows previous layoffs announced earlier this year, including 1,000 positions primarily in marketing and 300 in HR and technology. The company aims to streamline operations and has also introduced an early retirement program. Other entertainment giants like Netflix and Skydance are also implementing layoffs to cut costs. Disney will release its fourth-quarter financial results on November 17, potentially providing more details on these measures.