Disney lays off hundreds of employees

Walt Disney Co. is laying disconnected hundreds of employees arsenic portion of a cost-cutting measure, CBS News has confirmed. 

"As our manufacture transforms astatine a accelerated pace, we proceed to measure ways to efficiently negociate our businesses portion fueling the state-of-the-art creativity and innovation that consumers value and expect from Disney," a spokesperson said successful an email to CBS News. "As part of this ongoing work, we person identified opportunities to run much efficiently and are eliminating a constricted fig of positions today."

Disney did not corroborate the nonstop fig of employees being dismissed, but indicated the cuts volition beryllium crossed respective of the amusement giant's units, including movie and tv marketing; TV publicity; casting and development; and firm fiscal operations. 

"We person been surgical successful our attack to minimize the fig of impacted employees," the spokesperson said.

— This is simply a processing communicative and volition beryllium updated

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