Disney Targets 20% Cost Savings in Thousands of Layoffs
Disney is planning thousands of job cuts and asking some managers to target 20% in annual cost savings that could come from job eliminations as well as from expense reductions, according to people familiar with the matter. Geetha Ranganathan of Bloomberg Intelligence has more. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.