Disney to cut jobs, save $5.5 bn; Hotstar sees subscribers leaveNews India (All States)

The reductions include plans to cut $3 bn from its budget for movies and TV shows.The company will be reorganized into three divisions: an entertainment unit; the ESPN sports networks; and the theme-park unit

source https://www.livemint.com/news/india/disney-to-cut-jobs-save-5-5-bn-hotstar-sees-subscribers-leave-11675964679608.html