Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring
Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring
www.cnbc.com Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring
Disney unveiled a vast corporate restructuring, and CEO Bob Iger said the company isn't considering a spinoff of ESPN.
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More jobs being replaced by AI?
It doesnt say anything specific about it
No, not yet, but this is a prep move for the streaming industry going through a big change that's coming. It has more to do with paying creators more