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Disney reportedly plans thousands of job cuts

citing people familiar with the matter, reports Disney is planning thousands of job cuts as part of a broader cost-reduction effort. Some managers have been asked to target 20% in annual cost savings.

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BURBANK (dpa-AFX) - The Walt Disney Company (DIS), is planning thousands of job cuts as part of a broader cost-reduction effort, Bloomberg reported citing people familiar with the matter.The entertainment giant has asked some managers to target 20% in annual cost savings, which could include job cu…

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