Searching for Streaming Profit, Disney Cuts $5.5 Billion in Costs

In the company’s first earnings report since Bob Iger returned as C.E.O., it exceeded Wall Street’s expectations. But about 7,000 jobs are expected to be cut.

 https://www.nytimes.com/2023/02/08/business/disney-earnings.html?smtyp=cur&smid=fb-nytimes&fbclid=IwAR2TZx5QBRsEmOeQyytKoYnANOEta00TuhngE4lZcx3ZhnLZ5ppQXGBn_BA