Skip to main content

Disney to Lay Off 7,000 Workers to Cut Costs, Restructure Company in Sweeping Revamp by CEO Bob Iger | Technology News

Disney to Lay Off 7,000 Workers to Cut Costs, Restructure Company in Sweeping Revamp by CEO Bob Iger Disney on Wednesday announced that it would cut 7,000 jobs at the firm, as part of efforts to cut costs and return power to creative executives. The company also said it would be restructured into three distinct segments, with the aim of having a more cost-effective, coordinated approach to its operations, according to CEO Bob Iger.

Labels:

Comments

Post a Comment

Popular posts from this blog

OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini | Technology News

OpenAI Releases Two Open-Source AI Models That Performs on Par With o3, o3-Mini OpenAI released two open-source artificial intelligence (AI) models on Tuesday. This marks the San Francisco-based AI firm’s first contribution to the open community since 2019, when GPT-2 was released in open-source. The two new models, dubbed gpt-oss-120b and gpt-oss-20b, are said to offer comparable performance as the o3 and o3-mini models.
Post a Comment
Read more

Amazon Summer Sale 2022 Ends May 8: Best Deals, Offers on Phones, Smart TVs, Laptops Before Sale Ends | Technology News

Amazon Summer Sale 2022 Ends May 8: Best Deals, Offers on Phones, Smart TVs, Laptops Before Sale Ends Amazon Summer Sale 2022 will end on May 8, and customers have two more days to avail of discounts on various products during the ongoing sale. These include lowered prices on smartphones, smart TVs, and laptops. Amazon is also offering exchange discounts along with bank discounts on several products, further lowering the price. Here are some of the best deals you can ...
Post a Comment
Read more