toranam Posted November 30, 2020 Report Share Posted November 30, 2020 The media and entertainment giant warned that it may also be forced to scrap its dividend in the future, and reduce or not make contributions to pension and retirement medical plans. It said it could slash investment in television and film productions, and furlough or terminate even more employees. "Some of these measures may have an adverse impact on our businesses," Disney (DIS) said in the filing. The pandemic has slammed Disney's parks business, which has more than 100,000 employees in the United States. The company has also been forced to suspend cruise ship sailings and delay major film releases, such as "Black Widow," which was expected to be one of the year's biggest blockbusters. Disney+ is up to nearly 74 million subscribers News that the company is preparing to cut thousands more jobs than it announced in September could attract the ire of Senator Elizabeth Warren and Abigail Disney, who have already condemned the company for the layoffs.Abigail Disney is a granddaughter of Roy O. Disney, who founded the company in 1923 with his brother, Walt Disney. Quote Link to comment Share on other sites More sharing options...
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Ryzen_renoir Posted December 1, 2020 Report Share Posted December 1, 2020 Orlando lo rakta kaneeru Quote Link to comment Share on other sites More sharing options...
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