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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Israel and Hamas said they had agreed to a long-awaited ceasefire and hostage deal, the first phase of U.S. President Donald Trump's plan to end a war in Gaza that has killed more than 67,000 people and reshaped the Middle East.
In the wake of the October EU summit in Copenhagen, Europe’s security architecture seems to be entering a new phase.
Israel and Hamas have agreed to the first phase of the U.S.-proposed Gaza deal, which will see the release of all Israeli hostages, U.S. President Donald Trump announced on Wednesday.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
Azerbaijan’s junior figure skater Arina Kalugina has set a new Olympic record in the Quadruple Salchow jump at the Denis Ten Memorial Challenger 2025 in Almaty, Kazakhstan.
Superstar Taylor Swift's latest studio album, 'The Life of a Showgirl,' arrives Friday with a promotional blitz that includes midnight sales at Target stores, a release party at movie theatres around the globe and pop-up experiences in New York and Los Angeles.
Scientist and global activist Jane Goodall, who turned her childhood love of primates into a lifelong quest for protecting the environment, has died at the age of 91, the institute she founded said on Wednesday.
U.S. federal prosecutors urged a judge on Tuesday to sentence Sean "Diddy" Combs to more than 11 years in prison this week following the hip-hop mogul's conviction on prostitution-related charges.
Oscar-winning actress Nicole Kidman and country music star Keith Urban have separated after 19 years of marriage, various news outlets reported on Monday, citing unidentified sources.
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