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GgoogleMX first seen 3 d ago, last 5 min ago, peak #2

Disney Faces Layoffs While Launching Holiday Push

Original: disney

Disney is cutting up to 200 jobs at Walt Disney Imagineering as its parks division trims costs, even as the company moves forward with new commercial ventures. These include popcorn buckets heading to theaters in December and a TikTok Shop holiday experience featuring more than 20 brands. The mix of job cuts and new revenue pushes is drawing attention to how Disney is balancing spending and growth heading into the holidays.

Why now: News of layoffs at the parks division coinciding with new holiday commercial initiatives has drawn attention to Disney's current strategy

DisneyWalt Disney ImagineeringTikTok Shop

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