Disney to cut 7,000 jobs in shake-up of entertainment giant
The cuts come as boss Bob Iger presented his set of financial figures since his shock return to the firm. …
“We believe the work we are doing to reshape our company around creativity, while reducing expenses, will lead to sustained growth and profitability for our streaming business, better position us to weather future disruption and global economic challenges, and deliver value for our shareholders,” Mr Iger said.
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