Disney Suffers ANOTHER Round of Layoffs as the COMPANY STRUGGLES

Disney has been going through troubling times in recent years and now they’re laying off hundred in a cost cutting effort.

This latest round of layoffs will affect Disney’s film, Tv, and finance divisions. While the number of employees being laid off is relatively low compared to the number Disney employs globally, it’s still a bad sign for the company to lay off hundreds of people. This news is following a positive earning report from Disney CEO Bob Iger, but it has been the norm for Iger to spin the welfare of the company so much so that it could almost be considered defrauding the shareholders. If Disney continues on like this it’s possible, they will not only have lost the public’s faith, but also their investors too.

Sources:
►That Park Place:
Disney Hit with Major Layoffs as Hundreds Cut Across Film, TV, and Finance
https://thatparkplace.com/disney-hit-with-major-layoffs-as-hundreds-cut-across-film-tv-and-finance/

#Disney #Marvel #Pixar

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