💰 Disney begins the second round of 7,000 planned job cuts — targeting ESPN, theme parks, entertainment, and more

TL;DR

Disney is starting the second round of its planned cuts on Monday, with divisions like ESPN getting hit, the company confirmed to Insider. "These new cuts, however, will span far beyond the perceived missteps of Chapek, and show the depth of change needed at Disney to adapt to the reality of slowing streaming growth and a shaky economy. "created a new finance team pulling together staff from Disney Entertainment and ESPN, Insider reported Friday

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