Walt Disney is embarking on another round of mass layoffs next week

Author: Brendan McDermid | Reuters

The American giant will cut thousands of jobs worldwide

The Walt Disney Company is planning another round of massive job cuts next week, cutting thousands of jobs, including approx 15% of the staff in your entertainment departmentas indicated Bloomberg people familiar with it, noting that Some affected workers will be notified on April 24.

It will cover the cuts TVhe cinemathe Theme parksas well as corporate positionsand will influence all regions where Disney operates– said sources who wished to remain anonymous because the details are not public.

Last February, Disney announced a workforce adjustment that affected about 7,000 jobs in its workforce, which exceeds 220,000 soldiersas part of a general strategy to reduce annual costs by 5,500 million dollars (5,018 million euros).

Source: La Vozde Galicia

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Jason

I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people's lives. I also write about current trends in economics, business strategies and investments.

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