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After Twitter and “Meta”… Disney tends to cut jobs and stop hiring

entertainment giant "Disney"which plans to freeze some new hires in some sectors and cut some jobs.

And an internal memo revealed that the company will continue hiring in only some of the most important positions, but appointments in the rest of the jobs will remain suspended.

This decision came after an announcement "Disney" Earlier this month, in the fourth quarter of fiscal 2022, we had lower-than-expected net earnings and revenue.

sales "Disney" Which, at $20.2 billion in the fourth quarter, came in about $1 billion short of analyst expectations. Earnings, excluding some services, also fell to 30 cents a share, below the average analyst estimate of 51 cents.

And last week, the CEO announced "half"Mark Zuckerberg, announced the layoffs of more than 11,000 employees, equal to 13 percent of the workforce in the owner company"Facebook". As I decided "half"Continue to freeze new hires until the first quarter of next year.

The layoffs have come "half" A few days after the company’s decision "Chirping" Firing about half of the employees, after the company passed to the new owner, Elon Musk".

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The latest of these companies, the entertainment giantDisneywhich plans to freeze some new hires in some sectors and cut some jobs.

And an internal memo revealed that the company will continue hiring in only some of the most important positions, but appointments in the rest of the jobs will remain suspended.

This decision came after Disney announced earlier this month that it achieved lower-than-expected net earnings and revenue during the fourth quarter of fiscal 2022.

Disney’s sales of $20.2 billion in the fourth quarter were nearly $1 billion short of analyst expectations. Earnings, excluding some services, also fell to 30 cents a share, below the average analyst estimate of 51 cents.

Last week, the CEO ofhalfMark Zuckerberg announced the layoffs of more than 11,000 employees, equal to 13 percent of the workforce in the company that owns Facebook. Meta has also decided to continue to freeze new appointments until the first quarter of next year.

Meta’s employee layoffs came just days after Twitter decided to lay off about half of its employees, after the company moved to new owner, Elon Musk.

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