Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings
Summary
Bloomberg Intelligence analysts discuss Walt Disney’s strategy to cut 20% of costs to fortify its earnings narrative and reinvest in streaming and parks. The episode also covers Apple’s margin pressure from rising memory costs, its new CEO John Ternus’s product focus, and strong China sales. Finally, experts analyze Yum Brands’ Taco Bell recovery from a cyclospora outbreak and the strategic benefits of divesting Pizza Hut.
Topics discussed
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Disney's 20% cost cuts and streaming strategy
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Yum! Brands: Taco Bell recovery and Pizza Hut divestiture
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