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.
China has urged the United States to avoid any official interaction with Taiwan, warning that such contacts send the “wrong signals” to supporte...
Russian social media company VK has accused Apple of removing its applications from the App Store without prior notice, prompting the Kremlin to dema...
A Taliban ban on smartphones for civil servants has raised fresh concerns over access to information in Afghanistan, with rights groups warning it cou...
EU climate ministers were joined by an unexpected guest at a council meeting in Luxembourg: a three-month-old baby, brought by Swedish climate ministe...
The British government has published draft legislation that would criminalise abusive practices intended to change or suppress a person's sexual orien...
China has urged the United States to avoid any official interaction with Taiwan, warning that such contacts send the “wrong signals” to supporters of Taiwan independence.
Russian social media company VK has accused Apple of removing its applications from the App Store without prior notice, prompting the Kremlin to demand an explanation from the U.S. technology giant.
A Taliban ban on smartphones for civil servants has raised fresh concerns over access to information in Afghanistan, with rights groups warning it could further isolate government employees and tighten the authorities' control over public life.
EU climate ministers were joined by an unexpected guest at a council meeting in Luxembourg: a three-month-old baby, brought by Swedish climate minister Romina Pourmokhtari to highlight parental leave policies.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of schools and cultural landmarks, attention is turning to whether El Niño is playing a role in the extreme conditions.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
Villagers took part in Dragon Boat Festival celebrations on 24 June in Foshan, Guangdong province, where traditional racing was held on the narrow, winding Diejiao River.
British artist David Hockney, one of the most influential figures in contemporary art, has died at age 88, his publicist said on Friday (12 June). He died peacefully at his home in London one month before his 89th birthday.
Thousands of revellers packed Berga's main square as fire-devil performers showered the crowd with sparks during Catalonia's UNESCO-listed La Patum festival.
The 79th Annual Tony Awards took place on Sunday (7 June) at Radio City Music Hall, celebrating the strongest performances of the Broadway season, with singer-songwriter P!nk hosting and delivering the opening performance alongside a host of musical guests.
Barcelona is preparing to mark a historic milestone in the legacy of architect Antoni Gaudí as Pope Leo XIV visits the city this week to inaugurate the Tower of Jesus Christ at the Sagrada Família basilica, almost exactly 100 years after the visionary architect’s death.
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