Disney said it would cut 7,000 jobs from its global workforce, part of a multibillion-dollar cost-cutting initiative aimed at streamlining the company’s operations in a period of media industry turmoil.
Millions of Americans are relying on unemployment benefits for their livelihoods after losing their jobs to the coronavirus crisis. Another 3 million people filed initial unemployment claims last week on a seasonally adjusted basis, according to the Department of Labor. That brings the total number of first-time claimants to 36.5 million since mid-March. That represents 22.4% of the March […]
