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The lay offs follow similar moves by other us tech giants which have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic. earlier, our north america correspondent david willis explained why these cuts are taking place. this has everything to do with the so called streaming wars. disney s disney+ subscription service has faced competition from rivals such as netflix, amazon and so on. as a result of which it s had to spend a lot of money on content in order to attract subscribers. and that of course has weighed heavily on the bottom line. indeed, since disney+ was launched back in 2019, country s streaming services have lost around about $10 billion, it s been assessed. so it takes a lot of visits to the magic kingdom to make up that sort of shortfall ....
This is bbc news, the latest headlines: the earthquakes in turkey and syria have killed more than 12,000 people it s feared thousands more are still trapped. president zelenskyy of ukraine addresses the uk parliament and appeals forfighterjets to use against the russians. the entertainment giant disney has announced it ll be laying off 7,000 employees, in ceo bob iger s first major decision since he was asked back to lead the company late last year. the layoffs follow similar moves by other us tech giants which have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic. for more on this, our correspondent david willis ....
Police have extended their search for nicola bulley to cover a longer stretch of the river wyre in lancashire into which officers believe she has fallen. the 45 year old went missing while walking her dog in st michael s on wyre, 13 days ago. the search area now extends as far as morecambe bay. the entertainment giant disney has announced it ll be laying off 7,000 employees, in ceo bob iger s first major decision since he was asked back to lead the company late last year. the lay offs follow similar moves by other us tech giants which have laid off thousands of workers as the economy sours and companies dial back a hiring spurt that began during the height of the pandemic. us officials say that at least four previous spy balloons have drifted over american sites of interest to china, the latest shot down by us fighterjets on friday, sparking an angry reaction from beijing, which insisted it was for civilian use. ....
Indian Morning Briefing: Asian Markets Mostly Lower; China Caixin Services PMI Fell Slightly in August morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Focused on alabama all week, at least can you like the economy. if the economy sours, that talking point for them really goes away. with our thanks tonight for participating in our discussion with all the many stories we ve been covering, ashley parker, jonathan lamere, nancy cook. thank you, all three of you, for coming on the broadcast tonight. a long night just beginning for our friends in the carolinas. we ll talk to one of the towns in the thick of it tonight when we come back. i mean, if you haven t thought about switching to geico, frankly, you re missing out. uh. the mobile app makes it easy to manage your policy, even way out here. your marshmallow s. get digital id cards, emergency roadside service, even file a. whoa. whoa. whoa. whoa. whoa. whoa! oops, that cheeky little thing got away from me. my bad. geico. it s easy to manage your policy whenever, wherever. can i trouble you for another marshmallow? ....