Big news from Disney! They're making some changes to save money. It's like cleaning out your closet to make room for new things. This means some people who work at ABC News and other parts of Disney will no longer have their jobs.
- Disney is letting go of about 200 people.
- This is part of a bigger plan to save $7.5 billion.
- ABC News is closing down its website, 538.
- Disney is trying to adapt to fewer people watching regular TV.
Fact | Number |
---|---|
People losing jobs | ~200 |
Total cost savings goal | $7.5 billion |
Disney stock change since start of year | Down about 2% |