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Disney lays off 7 000 employees as streaming subscribers decline

Entertainment giant Disney said Wednesday it was laying off 7 000 employees, as CEO Bob Iger announced a reorganisation of the company he returned to lead last year.

Disney lays off 7000 employees, decline in streaming subscribers

Disney+, Netflix's main streaming competitor, had a 1 percent drop in members to 168.1 million on December 31

Disney Lays Off 7,000 As Streaming Subscribers Decline

Disney Lays Off 7,000 As Streaming Subscribers Decline
channelstv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelstv.com Daily Mail and Mail on Sunday newspapers.

Disney axing 7,000 as streaming subscriptions fall slightly

Disney axing 7,000 as streaming subscriptions fall slightly
albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.

Disney lays off 7,000 as streaming subscribers decline

The layoffs follow similar moves by the US tech giants that have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic.

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