Disney weighs thousands of job cuts, seeks 20% cost savings, Bloomberg reports
Disney is considering cutting thousands of jobs and has asked some managers to target 20% in annual cost savings, Bloomberg News reported, citing people familiar with the matter.
Walt Disney NYSE:DIS is considering cutting thousands of jobs and has asked some managers to target 20% in annual cost savings, Bloomberg News reported on Monday, citing people familiar with the matter.The reported restructuring effort comes as CEO Josh D'Amaro navigates challenges including the gr…