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Disney Plans TV Business Restructuring, Reports Indicate Layoffs

Walt Disney is planning a significant restructuring of its television business, which may lead to hundreds of layoffs and the consolidation of various divisions, according to WSJ.

DIS

Walt Disney NYSE:DIS plans to restructure its television business, a move that could lead to hundreds of layoffs and the consolidation of divisions, the WSJ reported on Thursday, citing people familiar with the matter.