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.
Bitcoin and other cryptocurrencies regained value following a ceasefire between Israel and Iran, bouncing back after steep losses during the 12-day conflict.
Switzerland is taking steps toward deeper defence cooperation with the European Union, launching talks on a non-binding arms partnership while maintaining its neutral stance.
U.S. President Donald Trump insisted on Wednesday that American strikes caused “very severe” damage to Iranian nuclear sites, despite leaked intelligence reports suggesting otherwise.
Masked law enforcement officers have detained Archbishop Bagrat Galstanyan, leader of the 'Sacred Struggle' movement in Armenia. He is accused of preparing terrorist attacks and an alleged attempt to seize power, according to the Investigative Committee.
The United States is not planning to impose additional sanctions on Russia for now, aiming instead to keep diplomatic channels open to pursue a peace deal, Secretary of State Marco Rubio said.
Bitcoin and other cryptocurrencies regained value following a ceasefire between Israel and Iran, bouncing back after steep losses during the 12-day conflict.
Switzerland is taking steps toward deeper defence cooperation with the European Union, launching talks on a non-binding arms partnership while maintaining its neutral stance.
U.S. President Donald Trump insisted on Wednesday that American strikes caused “very severe” damage to Iranian nuclear sites, despite leaked intelligence reports suggesting otherwise.
Masked law enforcement officers have detained Archbishop Bagrat Galstanyan, leader of the 'Sacred Struggle' movement in Armenia. He is accused of preparing terrorist attacks and an alleged attempt to seize power, according to the Investigative Committee.
The United States is not planning to impose additional sanctions on Russia for now, aiming instead to keep diplomatic channels open to pursue a peace deal, Secretary of State Marco Rubio said.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
China has unveiled a mosquito-sized bionic drone designed for covert military operations and battlefield reconnaissance, marking a major advance in micro-robotics and stealth technology as part of the country’s growing focus on next-generation warfare capabilities.
French President Emmanuel Macron is pushing for 'French Touch' electronic music to be recognized by UNESCO as an intangible cultural heritage—putting it on par with Berlin techno, Jamaican reggae, and Irish harp traditions.
Scarlett Johansson recalls how the original “Jurassic Park” deeply influenced her childhood as she premieres her role in “Jurassic World: Rebirth,” set to release on 2 July.
Dua Lipa has announced her engagement to British actor Callum Turner, calling the decision to grow old together “a really special feeling.”
Azerbaijan's capital of Baku will become a focal point of the international music scene from the 14 to the 28 June as it hosts the 4th Baku Piano Festival.
Liam Payne's final onscreen appearance will air next month as part of a Netflix series, following the approval of his family who reviewed the content and supported his involvement in the music competition.
Bitcoin and other cryptocurrencies regained value following a ceasefire between Israel and Iran, bouncing back after steep losses during the 12-day conflict.
Switzerland is taking steps toward deeper defence cooperation with the European Union, launching talks on a non-binding arms partnership while maintaining its neutral stance.
U.S. President Donald Trump insisted on Wednesday that American strikes caused “very severe” damage to Iranian nuclear sites, despite leaked intelligence reports suggesting otherwise.
Masked law enforcement officers have detained Archbishop Bagrat Galstanyan, leader of the 'Sacred Struggle' movement in Armenia. He is accused of preparing terrorist attacks and an alleged attempt to seize power, according to the Investigative Committee.
The United States is not planning to impose additional sanctions on Russia for now, aiming instead to keep diplomatic channels open to pursue a peace deal, Secretary of State Marco Rubio said.
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