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Disney Looks to Freeze Hiring, Cut Jobs Amid Financial Uncertainty

Walt Disney Co is considering plans to freeze all hiring and cut jobs as the company faces economic uncertainty due to the losses incurred by its streaming service business. The news was shared on Friday in a memo from Chief Executive Bob Chapek to...

Disney’s Shares Up Almost 7% After Q2 Report Beats Wall Street Estimates

Walt Disney Co. shares saw a significant hike on Wednesday after the company's second-quarter report comfortably beat Wall Street analysts' estimates. Disney's stock (DIS) went up 6.87% in after-hours trading, reaching $120.11 per share. This represents the highest mark for DIS since April. Disney's business...