Birdwatch Note Rating
2023-05-19 14:14:51 UTC - HELPFUL
Rated by Participant: B06DFC5F1C24B3A89B2D2A6B26D979D93A00350FD69ABA980F9DC514D9350A7A
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 reorganization of the company, and 4k more a few weeks ago: https://www.cnbc.com/2023/04/24/disney-layoffs-second-larger-wave.html 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