ESPN Says Decisions Will Be Based More On Overall Efficiency Than Merit; Sees Small Group Of Job Cuts As It Negotiates Individual Contract Renewals In The Coming Months; Says It Has Identified Cost Savings In Commentator Salaries
Portfolio Pulse from Happy Mohamed
ESPN, a subsidiary of The Walt Disney Company (DIS), has announced that it will be making decisions based more on overall efficiency than merit. The company also anticipates a small group of job cuts as it negotiates individual contract renewals in the coming months. ESPN has identified cost savings in commentator salaries.
June 30, 2023 | 2:06 pm
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Disney's subsidiary ESPN is focusing on efficiency and cost savings, which may lead to job cuts. This could potentially impact Disney's operational costs and overall profitability.
ESPN's shift towards efficiency and cost savings, including potential job cuts, could lead to reduced operational costs for Disney. However, the impact on Disney's overall profitability is uncertain as it depends on how these changes are implemented and their effect on ESPN's performance.
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IMPORTANCE 70
RELEVANCE 80