Walt Disney Co begins 7,000 layoffs

Go back to Walt Disney Co begins 7,000 layoffs

Walt Disney (DIS) shares edge higher following reports it has started first round of layoffs

March 27, 2023 2:33 PM EDT

Walt Disney (NYSE: DIS) shares edged higher Monday, currently up over 1% after reports that it has begun the first round of its 7,000 job cuts.

The company is set to lay off thousands of workers, which it announced earlier this year, in order to reduce costs. Reuters... More