Disney is laying off hundreds of employees

The magic might be wearing thin at Disney (DIS) — for employees, at least. The company is laying off several hundred workers on Monday, in CEO Bob Iger’s latest step to realign Disney’s operations in response to the declining traditional TV viewership and the rise of streaming platforms.Read more...

Jun 2, 2025 - 20:56
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Disney is laying off hundreds of employees

The magic might be wearing thin at Disney (DIS) — for employees, at least. The company is laying off several hundred workers on Monday, in CEO Bob Iger’s latest step to realign Disney’s operations in response to the declining traditional TV viewership and the rise of streaming platforms.

Read more...