Disney to Cut About 300 Jobs as D'Amaro Tightens Cost Controls
Walt Disney Co. is preparing to eliminate roughly 300 jobs in its latest round of cost cuts, according to people familiar with the matter, as new chief executive Josh D'Amaro moves to streamline operations and protect margins. The reductions were flagged in the companyโs August earnings report as one of several levers Disney was evaluating to lower expenses amid a still-uneven media and entertainment market.
