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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U.S. Special Envoy Steve Witkoff arrived in Israel on Tuesday (3 February) for talks on Iran and the next phase of the Gaza ceasefire plan ahead of Fr...
Kazakhstan has approved plans for a second nuclear power plant in a significant scaling up of the country's nuclear ambitions. It comes a year after a...
Kazakhstan sharply increased oil shipments to Europe in January, exporting 310,000 tonnes to Germany and sending a further 106,000 tonnes via the Baku...
Türkiye’s defence and aerospace exports surged by 44 percent year on year in January 2026, hitting a record monthly high of more than $555 million as overseas demand for Turkish-built military technology continued to grow, the Turkish Defence Industries Secretariat said on Monday (2 February).
The final barrier preventing an unlimited nuclear arms race between Washington and Moscow hangs by a thread. With an expiration date looming this year and international inspections suspended, the world faces a precarious future regarding the containment of strategic weapons. Should we be worried?
Kazakhstan sharply increased oil shipments to Europe in January, exporting 310,000 tonnes to Germany and sending a further 106,000 tonnes via the Baku–Tbilisi–Ceyhan (BTC) pipeline.
The imminent expiry of New START, the last major nuclear arms control treaty between the United States and Russia, risks removing transparency, predictability and limits on the world’s two largest nuclear arsenals, political analyst Gregory Mathieu warned.
Heavy snow continued to batter northern and western Japan on Saturday (31 January) leaving cities buried under record levels of snowfall and prompting warnings from authorities. Aomori city in northern Japan recorded 167 centimetres of snow by Friday - the highest January total since 1945.
The United States accused Cuba of interfering with the work of its top diplomat in Havana on Sunday (1 February) after small groups of Cubans jeered at him during meetings with residents and church representatives.
A daylight robbery at a jewellery shop in Richmond, one of London’s most affluent and traditionally quiet districts, has heightened security concerns among residents and local businesses.
Talks with the U.S. should be pursued to secure national interests as long as "threats and unreasonable expectations" are avoided, President Masoud Pezeshkian posted on X on Tuesday (3 February).
Early voting for Thailand’s parliamentary elections began on Sunday (1 February), with more than two million eligible voters casting ballots nationwide ahead of the 8 February general election, as authorities acknowledged errors and irregularities at some polling stations.
A restored angel in a Rome basilica has prompted political scrutiny after reports that its face now resembles Italian Prime Minister Giorgia Meloni.
Melania, the new documentary about the U.S. First Lady Melania Trump that premiered Thursday, is drawing sharply contrasting reactions. Professional critics have slammed the film, giving it a 8% on Rotten Tomatoes, while ordinary viewers have embraced it, with audience ratings currently at 99%.
Hundreds of torchbearers filled the streets of Lerwick as Up Helly Aa lit the Shetland night.
American rapper Ye, formerly Kanye West, has apologised for his past antisemitic remarks in a full-page Wall Street Journal ad, attributing his behaviour to an undiagnosed brain injury and bipolar disorder.
A factory mistake in eastern China has produced an unlikely Lunar New Year bestseller, as a plush horse with an upside down mouth has gone viral among young shoppers.
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