Disney to cut 7,000 jobs and reduce costs by a staggering $5.5 billion
Allwork
FEBRUARY 9, 2023
billion in costs: $3 billion coming from content and the remaining $2.5 billion from non-content related areas. He said we will consider full ownership of Hulu (currently co-owned by Comcast), the distribution of content across Disney+ and Hulu, and whether to keep or sell ESPN.
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