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Disney to Cut Workers at Film Studio

Sorcerers Hat at Disneys Hollywood Studios

About 200 workers will lose their jobs at Walt Disney’s film division as the company plans to trim its workforce by 5 percent, reports bloomberg.com.

The cuts will take place during the week of June 13.

The Burbank California-based company, with Disney World in Orlando, expects to to realign distribution and rely more on production from Marvel and Steven Spielberg’s DreamWorks Studios.

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