1 Day
Source:
Los Angeles Times
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Disney lays off 300 staff, offers early retirement
Disney has laid off nearly 300 employees this week, primarily affecting its human resources and technology divisions, amid ongoing industry-wide consolidation. These cuts coincide with the company's efforts to reorganize around a unified "One Disney" approach, focusing on streamlining operations and emphasizing Disney+ as its main streaming platform. The layoffs come as Disney prepares for potential future restructuring in its television division and downsizing its legal department, with further cuts expected in the coming months.
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