Disney: Mickey Mouse To Lay Off Thousands
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The post Disney: Mickey Mouse To Lay Off Thousands appeared first on 24/7 Wall St..The world’s largest entertainment companies have problems. Most cost too much to run, at least to give investors returns. People across America feel their bank accounts shrinking and, with it, discretionary spending. Streaming has lost its luster, as the industry leader, Netflix (NASDAQ: NFLX), faces what are called headwinds. Movie making was always a hit-or-miss proposition. Disney (NYSE: DIS), feeling the pain,
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