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Disney laid off staff as it rebalances product, tech resources
The reduction fell under Adam Smith, product and technology chief, and amounted to under 2% of the group.
This one fell under Adam Smith, product and technology chief over Disney's entertainment and sports media businesses, and amounted to under 2% of the group, according to a person with direct knowledge. Earlier this month, the entertainment giant let go of several hundred people, the latest in a series of head count reductions in recent years. Disney has made several head count reductions in recent years as the TV audiences migrate to streaming platforms, where profits have been slow to follow.
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