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BUSINESSBloomberg Markets·3h ago

Disney's Walden Says Layoffs Are 'Extremely Painful'

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Disney executive Dana Walden described company layoffs as extremely painful while noting the ongoing need to evaluate organizational structure.

Dana Walden, Walt Disney Co.’s president and its first chief creative officer, says the company is not firing people every six months. She does say there is a constant need to look at how an organization is structured and that layoffs are "extremely painful." She speaks to Lucas Shaw at Bloomberg Screentime in Los Angeles. (Source: Bloomberg)

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