Disney has laid off well over 1,000 workers in three rounds this year and secured more than $45 million in taxpayer-funded credits for upcoming animated films. Today, it reported soaring profits, aided by a $100 million tariff refund. www.cartoonbrew.com/business/dis...
Disney Profits Soar After Layoffs And Millions In Tax Credits
Company shares have also jumped nearly 5% as it added another $1 billion to its stock-buyback plans, surely a major source of comfort to its laid-off workers.
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