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Disney plans thousands of layoffs, asks some managers to cut costs by 20%

Source: The Next Web ·

Disney is planning thousands of job cuts and has asked some managers to target cost savings of 20%. Thomas Buckley first reported the plan for Bloomberg, citing people familiar with the matter. The savings could come from job cuts as well as other expenses. CNBC later reported the same plan from its own sources. It […] This story continues at The Next Web

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