ESPN began informing employees of layoffs Monday, which are job cuts that are taking place throughout its corporate owner, the Walt Disney Co.
Disney has announced the second phase of its planned layoffs. This is all part of a previously announced reorganization.

Wells Fargo's bullish call on Disney

02:16pm, Monday, 24'th Apr 2023
The "Halftime Report" traders debate the biggest analyst calls of the day

Disney Stock Could Struggle Very Soon

01:58pm, Monday, 24'th Apr 2023
Walt Disney Co (NYSE:DIS) is in the news today after announcing a second round of job cuts will eliminate "several thousand" jobs from today until Thursday.
Company aims to eliminate 7,000 positions and save $5.5bn in costs across business segments, including ESPN and Disney Parks
Walt Disney Co. has the opportunity to “meaningfully improve” streaming profits, and that's one reason Wells Fargo's Steven Cahall sees its stock as attractive.
Multiple business areas will be affected. CEO Robert Iger is trying to make Disney more profitable.
Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.
Disney is initiating the second and largest round of its planned layoffs Monday and expects to reach 4,000 of its projected 7,000 staff cuts by Thursday.
Disney plans to reduce its workforce by 7,000 jobs as part of a larger reorganization that will see the company cut $5.5 billion in costs.
In a drive to offer free verification to top organizations, Twitter briefly gave a gold checkmark to a fake Disney account. The gold checkmark indicates that the account belongs to a company.

Twitter gives gold tick to fake Disney account

07:28am, Monday, 24'th Apr 2023
Twitter has mistakenly verified an explicit, fake account claiming to be linked to Disney.
An ex-employee at Walt Disney World in Florida has allegedly told police that he covertly shot videos up the skirts and dresses of more than 500 female guests at the theme park over the past six years
Two years ago Disney rocked the retail sector with the unexpected announcement that it would close almost all of its iconic Disney Stores to focus instead on online sales. There was one big exception.
For 50 years, HBO has been a pioneer in television as one of the first paid tv networks. However, HBO has never been its own standalone business.
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