Global marketsUpdated November 6

Disney gives managers targets for its next company-wide round of cuts

Deadline reports that Disney has started preparing its next company-wide round of cuts by giving managers targets for the size of the reductions they need to make. Some managers were asked to achieve as much as 20% in annual savings. That is a cost-saving target, not a statement that 20% of jobs are being cut.

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Coverage started November 6