Disney lays off hundreds of employees as media giant restructures for streaming era

The Walt Disney Company has laid off several hundred employees across its television and film divisions as part of an ongoing effort to streamline operations amid shifting industry dynamics and financial pressures. A Disney spokesperson confirmed the layoffs on Monday, noting that while no entire teams are being eliminated, the job cuts primarily affect departments within Disney Entertainment that oversee movie and TV marketing, publicity, casting, development, and some corporate finance roles.