this post was submitted on 26 Sep 2024
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Disney Layoffs Underway: Hundreds Of Corporate Staffers Impacted (deadline.com)
submitted 1 month ago by realcaseyrollins@thelemmy.club to c/business@lemmy.world
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[–] homesweethomeMrL@lemmy.world 0 points 1 month ago (1 children)

Er, sure, but - is the larger point not clear? They don’t need to fire people. They’re ludicrously profitable.

[–] realcaseyrollins@thelemmy.club 0 points 1 month ago

Not immediately no, but it increases their margins which makes the company more likely to survive a significant economic downturn.