Disney to Begin Mass Layoffs and Freeze Hiring as Part of a Massive Cost-Cutting Initiative - The Great Awakening

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Disney to Begin Mass Layoffs and Freeze Hiring as Part of a Massive Cost-Cutting Initiative (media.greatawakening.win)

posted 2 years ago by lovecymru 2 years ago by lovecymru +225 / -0

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– Bia2020 18 points 2 years ago +18 / -0

"Disney’s streaming services lost $1.47 billion last quarter, more than double the unit’s loss from a year prior. McCarthy said losses will improve in 2023, and Chapek has promised streaming will become profitable by the end of 2024."

That's the source of most of their income. Only around 13% comes from the parks. So good job to all the folks who canceled disney+

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