Walt Disney Co. began letting go thousands of employees in the entertainment giant’s ongoing push to cut about 7,000 jobs this year. Read on.
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Cuts are coming to all of Disney’s divisions, from the company headquarters in Burbank, California, to Connecticut, where its ESPN sports networks are based.Article content Shares of Disney were little changed at US$99.22 at 11:12 a.m. in New York. They were up 14 per cent this year through the close on April 21.
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