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Business @lemmy.world realcaseyrollins @thelemmy.club 3 days ago

Disney Layoffs Underway: Hundreds Of Corporate Staffers Impacted

deadline.com Disney Layoffs Underway: Hundreds Of Corporate Staffers Impacted

Disney is in the middle of a new wave of cuts as part of a "cost-saving initiative," sources tell Deadline.

Disney Layoffs Underway: Hundreds Of Corporate Staffers Impacted

9 comments

Poor Disney, losing all that money. Can’t even afford to eat.

Y’know five Billion fucking dollars just doesn’t go as far as it used to.
- At the same time, you can't lose a bunch of money and just not do anything. And with a recession likely coming in the next few years, we can't be surprised that companies are trying to expand their margins, to make sure they have the resources to survive the winter.
  
  I mean, that’s five billion net profit in the last 12 months. Are they expecting to lose more than five Billion dollars in the next twelve months?
  
  5,000,000,000.00 of pure, uncut profit.

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