Disney is cutting several hundred more jobs across its global operations, targeting departments like film, TV, and finance, as it continues to streamline costs in a rapidly evolving media landscape.
Disney has announced another round of layoffs, affecting several hundred employees worldwide, as part of ongoing efforts to reduce costs and adapt to shifting industry dynamics. The job cuts will hit departments including film and TV marketing, corporate finance, casting, and development.
The move follows last year’s sweeping layoff of approximately 7,000 employees, initiated under CEO Bob Iger’s plan to save $5.5 billion.
With traditional cable TV subscriptions in decline, Disney is under pressure to prioritize its streaming services. Despite the layoffs, the company reported strong earnings in May.
Recent film releases have had mixed outcomes. While Snow White underperformed at the box office due to poor reviews, Lilo & Stitch became a major hit, grossing over $610 million globally since its May debut.
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On 11 August, 2025, the Foreign Affairs Committee of the Council of States — Switzerland’s upper parliamentary chamber rejected draft resolution No. 24.321, titled 'Annexation of Nagorno-Karabakh and the Release of Azerbaijan’s Political Prisoners.'
France, Germany and Britain have warned they are prepared to reinstate United Nations sanctions on Iran if it does not return to negotiations over its nuclear programme, according to a letter sent to the U.N. on Tuesday.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Lavender fields are flourishing in Poland as farmers adjust to changing climate conditions and growing consumer demand.
Beyoncé has won her first Emmy Award for Outstanding Costumes for Variety, Nonfiction, or Reality Programming, putting her halfway to an EGOT, the elite status achieved by winning an Emmy, Grammy, Oscar and Tony Award.
International pop singer Madonna appealed on Instagram for Pope Leo XIV to visit Gaza and “bring light to the children before it’s too late,” calling him “the only one of us who cannot be denied entry” and urged action to prevent child starvation.
Global football star Cristiano Ronaldo is engaged to his long-time partner, Georgina Rodríguez. She announced the news on Instagram, sharing a photo of a large engagement ring with the caption in Spanish: “Yes I do. In this and in all my lives.”
International superstar Taylor Swift has revealed her 12th studio album, 'The Life of a Showgirl', during a podcast appearance with her partner, U.S. football star Travis Kelce, and his brother Jason.
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