B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Dated
$5,500,000,000
$5,500,000,000 -- cost reduction target for Disney (2023-03)
Disney CEO Bob Iger is attempting to reduce $5.5 billion in costs across the company.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
$5,500,000,000
Unit
Currency Usd
Data Vintage
2023-03
Entity
Geography
US
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
blockhead.co
Primary
Tier B
https://www.blockhead.co/2023/03/30/warner-saves-web3-jobs-disney-cuts-metaverse-positions-web3/ ↗
Source Article
Warner Music Saves Web3 Jobs as Disney Cuts Metaverse Positions
Table of Contents
Warner Music Group is sparing Web3 and AI-related jobs amid global layoffs at the company, whilst Disney is cutting its entire metaverse arm.
On Wednesday, the record label laid off 4% of its global workforce, accounting for 270 employees, whilst stating it would retain staff invol…
Original Research
blockhead.co
· Original study ↗
Methodology
CEO statement reported in news
Methodology documented
Segmentation
IndustryMedia
Company SizeEnterprise
RegionUS
Cite this stat
Plain Text
Disney: $5,500,000,000 cost reduction target. Source: blockhead.co (2023-03). Via Lighthouse Intelligence -- https://lighthousedata.io/data/disney-cost-reduction-2023
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<blockquote cite="https://lighthousedata.io/data/disney-cost-reduction-2023" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>$5,500,000,000</strong> -- cost reduction target for Disney<br><small>Source: blockhead.co (2023-03) · <a href="https://lighthousedata.io/data/disney-cost-reduction-2023" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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