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Disney to Lay Off 7,000 Workers to Cut Costs, Restructure Company in Sweeping Revamp by CEO Bob Iger
Disney on Wednesday announced that it would cut 7,000 jobs at the firm, as part of efforts to cut costs and return power to creative executives. The company also said it would be restructured into three distinct segments, with the aim of having a more cost-effective, coordinated approach to its operations, according to CEO Bob Iger.
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Disney To Lay Off Around 32,000 Workers In First Half Of 2021
Earlier this month, Disney said it was furloughing additional workers from its theme park in Southern California due to uncertainty over when the state would allow parks to reopen.
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Disney Increases Planned Layoffs To 32,000 As Coronavirus Hits Theme Parks
Walt Disney Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited customers due to the coronavirus pandemic.
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CES 2020: From Exoskeletons to Education at World's Largest Consumer Tech Show
Exoskeletons to give wearers super-human strength and games to playfully teach children software skills for coding -- such innovations were on display at the Consumer Electronics Show this week.
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Indians Took Our Jobs, Given 'Special Treatment' Say Techies Suing Disney
A group of former Walt Disney World IT employees in the US state of Florida have filed a fresh lawsuit, claiming the company discriminated against them by firing them and giving their jobs to Indian workers brought to the country on H-1B visas.
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Lawsuit Filed Against Disney For Displacing American Workers
Disney World and two outsourcing companies have been slapped with a federal lawsuit by two of its former technology staff alleging that they conspired to displace American workers with cheaper foreign labour brought to the US on H-1B visas, mostly from India.
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Former-Disney Workers Replaced by H1-B Visa Holders File Complaint
Replaced by H-1B visa workers, at least 23 former Disney IT workers have filed a complaint alleging discrimination.
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Republican Presidential Aspirant Against Increasing H-1B Visas
A Republican presidential aspirant has said he is against increasing H-1B visas - the most sought-after work visas for IT professionals and companies the US.
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Donald Trump Asks Disney to Rehire Workers Replaced by Indians
Leading Republican presidential hopeful Donald Trump has asked Disney to hire back every one of the workers they replaced with cheaper foreign IT workers on H-1 B visas largely from India.
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Citing work condition, Disney pulls out from Pakistan, Bangladesh
The Walt Disney Company has announced its decision to pull out of Bangladesh, Pakistan and three other countries by April next year, citing safety standards of workers in the supply chain.
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Dhaka factory did not have fire clearance
A Bangladeshi garment factory that was producing clothes for Wal-Mart, Disney and other major Western companies had lost its fire safety certification in June, five months before a blaze in the facility killed 112 workers, a fire official said.
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Disney to Lay Off 7,000 Workers to Cut Costs, Restructure Company in Sweeping Revamp by CEO Bob Iger
Disney on Wednesday announced that it would cut 7,000 jobs at the firm, as part of efforts to cut costs and return power to creative executives. The company also said it would be restructured into three distinct segments, with the aim of having a more cost-effective, coordinated approach to its operations, according to CEO Bob Iger.
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Disney To Lay Off Around 32,000 Workers In First Half Of 2021
Earlier this month, Disney said it was furloughing additional workers from its theme park in Southern California due to uncertainty over when the state would allow parks to reopen.
-
Disney Increases Planned Layoffs To 32,000 As Coronavirus Hits Theme Parks
Walt Disney Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited customers due to the coronavirus pandemic.
-
CES 2020: From Exoskeletons to Education at World's Largest Consumer Tech Show
Exoskeletons to give wearers super-human strength and games to playfully teach children software skills for coding -- such innovations were on display at the Consumer Electronics Show this week.
-
Indians Took Our Jobs, Given 'Special Treatment' Say Techies Suing Disney
A group of former Walt Disney World IT employees in the US state of Florida have filed a fresh lawsuit, claiming the company discriminated against them by firing them and giving their jobs to Indian workers brought to the country on H-1B visas.
-
Lawsuit Filed Against Disney For Displacing American Workers
Disney World and two outsourcing companies have been slapped with a federal lawsuit by two of its former technology staff alleging that they conspired to displace American workers with cheaper foreign labour brought to the US on H-1B visas, mostly from India.
-
Former-Disney Workers Replaced by H1-B Visa Holders File Complaint
Replaced by H-1B visa workers, at least 23 former Disney IT workers have filed a complaint alleging discrimination.
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Republican Presidential Aspirant Against Increasing H-1B Visas
A Republican presidential aspirant has said he is against increasing H-1B visas - the most sought-after work visas for IT professionals and companies the US.
-
Donald Trump Asks Disney to Rehire Workers Replaced by Indians
Leading Republican presidential hopeful Donald Trump has asked Disney to hire back every one of the workers they replaced with cheaper foreign IT workers on H-1 B visas largely from India.
-
Citing work condition, Disney pulls out from Pakistan, Bangladesh
The Walt Disney Company has announced its decision to pull out of Bangladesh, Pakistan and three other countries by April next year, citing safety standards of workers in the supply chain.
-
Dhaka factory did not have fire clearance
A Bangladeshi garment factory that was producing clothes for Wal-Mart, Disney and other major Western companies had lost its fire safety certification in June, five months before a blaze in the facility killed 112 workers, a fire official said.
