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Disney says he lays several hundred people around the world, and workers in his film, television and finance departments.
The giant’s entertainment was under pressure when the audience departs from the cable television in favor of streaming platforms.
“As our industry is transformed at a rapid pace, we continue to evaluate ways of effective management by our business, simultaneously nourishing modern creativity and innovation that consumers appreciate and expect disney,” the BBC spokeswoman said.
Recent job cuts adhere to large layoffs announced in 2023 when There were about 7,000 workers Release as part of the CEO Bob Igera to save $ 5.5 billion (£ 4.1 billion).
The sections will affect several teams, including marketing departments for their film and television units.
Employees in the casting and development of Disney and corporate finances will also be affected.
“We were surgical in our approach to minimize the number of affected employees,” the press secretary said. The company also stated that no teams would be completely closed.
California has 233,000 workers in the firm, with just over 60,000 outside the United States.
Disney owns many companies across the entertainment industry, including Marvel, Hulu and ESPN.
The firm reported a stronger than the expected profit in May, with a total income of $ 23.6 billion in the first three months of the year. This was a 7% increase compared to the same period in 2024.
It states that growth was caused by new subscribers of its Disney+ Streaming services.
This year, the company has released a number of new films, including “Captain America: Brave New World and Snow White.”
The latest issue of Lilo & Stitch broke the rental records in the US for the weekend.
Animated film noted global ticket sale from more than $ 610 million since its release in May, according to the Box Office Mojo.