Disney Cuts Costs

Disney Cuts Costs Bingo Card
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This bingo card has a free space and 24 words: cutting 7,000 positions as part of an effort to save $5.5 billion US 1, 166,000 workers in the United States and about 54,000 worldwide were layed off . 2, The layoffs represent an estimated 3.6 per cent of Disney's global workforce 3, "big one" and "bloodbath" are what the huge lay off's are being called 4, Has a big impact on domestic and international business 5, foreign workers, partners and consumers will have an impact 6, businesses concerned about the company's financial well being 7, reduces customer satisfaction and revenue 8, Larger consequences for the Canadian economy 9, November 2020: 32,000 employees due to the COVID-19 Pandemic 10, March 2019: 3,000 employees as part of its ongoing restructuring efforts 11, reorganized into three divisions: Disney Entertainment, ESPN, Disney Parks, January 2015: 700 employees from its interactive division, which includes its video game production studios. 13, "We are committed to running efficiently, especially in a challenging environment." -Bob Iger 14, Disney+ is available in over 100+ countries 16, DisneyLand is located in 7 different regions/countries 17, Disney had 234.7 million subscriptions across Disney+, Hulu and ESPN+ 18, "This reorganization will result in a more cost-effective, co-ordinated approach to our operations," -Bob Iger 15, Disney will focus more intently on family and children’s entertainment and pull back on generic general-audience programming 19, Disney’s streaming division generated $5.3 billion in revenue 20, This marks Disney's third restructuring in five years. 21, Disney Plus was first launched 3 years ago on the 12th of November 2019 22, All company divisions, including theme parks, are expected to be impacted by the planned labor reduction. 23 and The job cuts could potentially affect Disney's workforce in Canada 24.

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