Birdwatch Note Rating
2023-05-19 05:23:25 UTC - HELPFUL
Rated by Participant: FDCE1FE4470B33669F34D45F9B6CB883DE6481C8083E9B6C6BBDB117B038287F
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
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