Disney plans to cut 7,000 jobs and reward shareholders | CNN Business

Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in the United States. A cut of 7,000 jobs represents about 3% of its global workforce. “While this is necessary to address the challenges we’re facing today, I do not make this decision lightly,” said CEO Bob Iger, who returned to lead the company in November when the board fired Bob Chapek as the company’s leader.

The number of subscribers was down only 1%, to 162 million from 164 million, at the end of the quarter that ended October 1. But its other streaming businesses, including ESPN+ and Hulu, in which it has a stake, both had subscriber numbers rise 2%. That helped Disney to trim it losses in the overall streaming segment to $1.1 billion in the quarter, down from $1.5 billion in the quarter ending October 1, although it was nearly double the $593 million loss it reported a year earlier.

I know a theme-park in Florida they could shut down...

Media industry turmoil?! Disney owns all or a piece of 15 of the top 20 highest grossing movies of all-time! This is corporate greed plain and simple.

Joe Biden liar. Video showing he wanted to cut social security, medicare and veterans benefits in debate with Bernie Sanders.

it should disappear is ideal

Turns out people don’t want to see transvestite cartoons after all. Who would’ve thunk it?

This could affect the trans community more than anyone else. Why? Well, because everything does.

Disney could go away forever and no one would notice

GoWokeGoBroke

Build Back Better

Lol!!!

Go Woke Go Broke

Wow you got some views. Opposing your major donera

Hopefully every single last lost job is Florida

Governments need to do something about these corporations that think its OK to treat their staff like commodities. If a company is operating profitably, it should be illegal to reduce its number of employees. They should be made to be creative and repurpose the staff.

Today in Capitalism

its due to the corporate over taxing that dems are doing.

Weird seeing as how Disney is such a rich and expansive company

Why?

But dear leader said…

Get woke go broke

Go woke go broke

“Despite better then expected results” meaning they knew they were going to fail they just didn’t know how bad 😂

Thanx Joe!!

Disney Go woke, well you know the rest.

But Biden said we are doing fenomenal!

I thought the economy was booming? That’s what we were told last night.

Bad things happen when you are morally bankrupt

Joe Biden is the worst president ever. His SOTU was full of lies.

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Florida lawmakers file bill to change powers of Disney Reedy Creek district - Jacksonville Business JournalThe Reedy Creek Improvement District board, name and powers all have been revamped in a new 2023 bill filed Feb. 6.
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Nigeria delays plans to replace its banknotes after chaotic scenes at ATMs | CNN BusinessNigeria was forced Wednesday to delay plans to replace its banknotes with a redesigned currency after chaotic scenes at ATMs as millions of people struggled to get their hands on the new cash. Wahala wahala wahala ⛽ 💰. Vote Peter Obi and Datti Then the inability to stand on their plan or deadline will pave a way for vote buying and other electoral bribery.. I'm disappointed at them. elonmusk TikTokTurkey People trapped under the rubble due to the earthquake were contacting Twitter and TikTok for help. Twitter and tik tok were closed because of you. They closed it because you didn't pay your fine. People are dying because of your laziness.TurkeyEarthquake
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Florida lawmakers file bill to change powers of Disney Reedy Creek district - Jacksonville Business JournalThe Reedy Creek Improvement District board, name and powers all have been revamped in a new 2023 bill filed Feb. 6.
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Microsoft Outlook email experiences outage | CNN BusinessMicrosoft Outlook experienced an outage late Monday night and into Tuesday morning. I have to ask my client to send his email to my gmail mailbox. That might be something to do with the spy balloon.
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