Disney to lay off hundreds across entertainment divisions amid shift to streaming

Jun 3, 2025 - 11:00
Disney to lay off hundreds across entertainment divisions amid shift to streaming

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Disney is implementing further job cuts across its film and television divisions, impacting marketing, publicity, and other departments, as part of ongoing cost-cutting measures initiated by CEO Bob Iger. Despite these reductions, Disney reported a revenue increase and a rise in Disney+ subscribers, reflecting the company's adaptation to the evolving digital landscape.

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