Disney makes hundreds more layoffs as it cuts costs

The media giant has been under pressure as viewers move away from cable TV to streaming platforms.
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The entertainment giant has been under pressure as viewers move away from cable TV subscriptions in favour of streaming platforms.
"As our industry transforms at a rapid pace, we continue to evaluate ways to efficiently manage our businesses while fuelling the state-of-the-art creativity and innovation that consumers value and expect from Disney," a spokesperson told the BBC.
The latest job cuts follow major layoffs announced in 2023, when around 7,000 workers were let go as part of a drive by chief executive Bob Iger to save $5.5bn (£4.1bn).
The cuts will impact multiple teams including marketing departments for its film and television units.
https://www.bbc.com/news/articles/ce80j93wrd2o
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