Birdwatch Note Rating
2023-05-19 01:40:44 UTC - HELPFUL
Rated by Participant: EF4A741B59ED8F41217DAD4877A4ED3169C26D4EB197482268DEFDE7ED0AB453
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
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