From Deadline · Anthony D'Alessandro,Nellie Andreeva · · 40s
Disney More Layoffs Target 20% Savings
Disney plans more layoffs across TV networks and movie studios to hit 20% annual cost savings.
In brief
Disney plans more layoffs across TV networks and movie studios to hit 20% annual cost savings. Disney will cut staff in TV networks and movie divisions to achieve up to 20% annual cost savings. Originally reported by Deadline.
Disney Layoffs Planned
Disney will cut staff in TV networks and movie studios to hit 20% annual cost savings.
Layoffs Across Divisions
The new round of layoffs will be made across multiple divisions, including TV networks and the motion picture studio.
20% Savings Target
Managers of affected teams have been given targets to achieve up to 20% in annual cost savings.
Here's the gist
Disney will cut staff in TV networks and movie divisions to achieve up to 20% annual cost savings.
