Disney dismisses hundreds from cutting costs


Disney says it is still being dismissed by a hundred people around the world as workers in their film, television and financial departments have been affected.

Viewers on behalf of streaming platforms are under the pressure of entertainment as cable TV subscriptions are under pressure.

“As our industry is quickly transformed, we will continue to evaluate the ways to manage our affairs efficiently while promoting the sophisticated creativity and innovation that consumers are valuable and expected from Disney,” the spokesman told the BBC.

Recent job cuts follow the major dismissal announced in 2023 About 7,000 workers Let’s go as part of Chief Executive Bob Iger’s drive to save .5 5.5 billion (£ 4.1 billion).

This cuts affect many teams, including marketing departments for its film and television units.

Disney’s cast and development and workers in corporate financial sectors also affects.

“We are surgeon in our way of reducing the number of influential employees,” a spokesman said. The company said no teams could not be completely closed.

California -based company has hired 233,000 workers, with more than 60,000 people outside the US.

Disney has several companies across the entertainment industry, including Marvel, Hulu and ESPN.

The firm reported that it was stronger than the expected earnings in May, in the first three months of the overall year. There is a revenue of 23.6 billion. That increased by 7% by the same period in 2024.

The new subscribers have promoted this growth to its Disney+ Streaming Service.

Captain USA: The company has released several new films this year, including Brave New World and Snow White.

Its latest release Lilo & Stitch broke the box office records in the US on the holiday weekend of the Memorial Day.

According to Industry Data Firm Box Office Mojo, the animated film has increased the global ticket sales by 10 610 million since its release in May.

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