Birdwatch Note Rating
2023-05-19 01:42:40 UTC - HELPFUL
Rated by Participant: 863B31489FC7ACF5C26B592FC157DC6836D9053E875D896EF3A34F94798270A7
Participant Details
Original Note:
It is misleading to imply this relates to the current Disney-DeSantis feud. Disney announced 7k job cuts last year as part of a larger cost-cutting exercise/reorganization of the company, and 4k more a few weeks ago: https://www.cnbc.com/2023/04/24/disney-layoffs-second-larger-wave.html#:~:text=Earlier%20this%20year%2C%20Disney%20said,call%20since%20returning%20as%20CEO. Disney stock has not recovered to pre-covid levels: https://finance.yahoo.com/quote/DIS/history?period1=1526601600&period2=1684368000&interval=1d&filter=history&frequency=1d&includeAdjustedClose=true
All Note Details