Walt Disney

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BusinessNovember 3, 2026

Disney Considering Thousands of Job Cuts and 20% Cost Savings Target

Bloomberg News reports that Walt Disney is eyeing thousands of layoffs and has asked some managers to target 20% in annual cost savings.

Checked against 3 sourcesgvwire.comlufkindailynews.comcentraloregondaily.com

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BusinessOctober 13, 2026

Character.AI Files for Bankruptcy, Sells Assets to Disney for US$20 Million

Chatbot platform Character.AI has filed for bankruptcy in the US and agreed to sell some assets to Walt Disney for US$20 million. The company faces multiple lawsuits regarding its AI chatbots.

Checked against 2 sourcesbnnbloomberg.cactvnews.ca

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