What to know

• Disney is planning thousands of job cuts and asking some managers to target 20% in annual cost savings that could come from job eliminations as well as from expense reductions, according to people familiar with the matter. Geetha Ranganathan of Bloomberg Intel...S1
• Walt Disney is considering cutting thousands of jobs and has asked some managers to target 20% in annual cost savings, Bloomberg ‌News reported on Monday, citing people familiar with the matter.S2
• Disney will reportedly be enacting thousands of layoffs a part of a broader plan to cut 20 percent in annual costs. breitbart.com/">Breitbart.S3