Investors weren’t the only ones happy with the Disney-Fox deal on Thursday — President Trump appeared to be a fan, too.

Trump called Fox Executive Chairman Rupert Murdoch right after the deal was announced to congratulate him, White House spokeswoman Sarah Huckabee Sanders told reporters.

“The president spoke with Rupert Murdoch earlier today, congratulated him on the deal and thinks that, to use one of the president’s favorite words, that this could be a great thing for jobs,” she said. “And he certainly looks forward to and is hoping to see a lot more of those created.”

In the deal, though, Disney said it expects to net at least $2 billion in “synergies” — which is code for “layoffs.”