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Disney Cuts 1000 Jobs, Sharpening Operations

Published 6 days, 1 hour ago
Description

Disneys New CEO, Josh DAmaro, initiates layoffs affecting around a thousand jobs across the company, focusing on marketing, traditional TV operations, movie studio, product and tech teams, and corporate spots. The move aims to create a more agile workforce and maintain creativity in fast-changing industries. This comes as Hollywood faces similar cuts, with Paramount and Sony also reducing their workforce.

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