financetom
Business
financetom
/
Business
/
Disney is laying off several hundred employees globally, source says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Disney is laying off several hundred employees globally, source says
Jun 2, 2025 10:38 AM

June 2 (Reuters) - Walt Disney ( DIS ) is laying off

several hundred employees globally in teams including marketing

for film and television, publicity, and casting and development,

a source familiar with the matter said on Monday.

(Reporting by Lisa Richwine in Los Angeles and Jaspreet Singh

in Bengaluru; Editing by Arun Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Australian grocer Coles posts 3.9% rise in first-quarter sales revenue
Australian grocer Coles posts 3.9% rise in first-quarter sales revenue
Oct 29, 2025
(Reuters) -Australia's Coles Group ( CLEGF ) reported a 3.9% rise in first-quarter sales revenue on Thursday, driven by a double-digit growth in e-commerce sales that boosted its supermarket division earnings. Along with its bigger rival Woolworths, Coles has been actively expanding its range of cost-effective products to lure back value-conscious customers who are on the hunt for bargain deals,...
Agnico Eagle Mines Reports Higher Third-quarter Profit, Production; Full-year Outlook Reaffirmed
Agnico Eagle Mines Reports Higher Third-quarter Profit, Production; Full-year Outlook Reaffirmed
Oct 29, 2025
05:39 PM EDT, 10/29/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) , edged higher in after-hours New York trading Wednesday after the company said its third-quarter adjusted profit and production rose year-over-year. The company said adjusted income, excluding most one-time items, rose to US$1.09 billion, or US$2.16 per share, from US$573 million, or US$1.14, in the year-prior quarter....
AvalonBay Communities Q3 Core FFO Rises; Set Q4 Outlook, Lowers 2025 Guidance
AvalonBay Communities Q3 Core FFO Rises; Set Q4 Outlook, Lowers 2025 Guidance
Oct 29, 2025
05:37 PM EDT, 10/29/2025 (MT Newswires) -- AvalonBay Communities ( AVB ) reported Q3 core funds from operations late Wednesday of $2.75 per share, up from $2.74 a year earlier. Analysts polled by FactSet expected $2.81. Same-store residential revenue in the three months ended Sept. 30 rose to $685.3 million from $671.5 million a year earlier. The company expects Q4...
Align Technology Q3 Earnings, Revenue Rise; Shares Gain After Hours
Align Technology Q3 Earnings, Revenue Rise; Shares Gain After Hours
Oct 29, 2025
05:38 PM EDT, 10/29/2025 (MT Newswires) -- Align Technology ( ALGN ) reported Q3 non-GAAP net income late Wednesday of $2.61 per diluted share, up from $2.35 a year earlier. Analysts polled by FactSet expected $2.40. Revenue in the three months ended Sept. 30 rose to $995.7 million from $977.9 million a year earlier. Analysts expected $976.4 million. The company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved