Disney Announces Major Layoffs Amid Industry Turmoil

SLIGHTLY 40% 60% Monday, June 2, 2025, 2:22 pm

Disney has confirmed major job cuts in its film and television divisions as part of a broad cost‐cutting measure. The move affects hundreds globally and intensifies concerns about the company’s stability amid ongoing industry challenges.

foxbusiness.com / Disney cuts hundreds of TV and film jobs amid streaming expansion

nypost.com / Disney slashing hundreds of jobs in film, TV as Hollywood facing industry turmoil: report

cnbc.com / Disney laying off several hundred in film, TV, finance: Reuters

cbsnews.com / Disney lays off hundreds of employees

bloomberg.com / Disney Lays Off Hundreds of Employees Globally in Film and TV - Bloomberg

permalink / 5 stories from sources in 3 days ago #entertainment #market #disney

More Top Stories...

Trump faces backlash amid escalating tension with China

New reports paint a vivid picture of an intensifying trade battle as President Trump’s maneuvers against China draw both criticism and unexpected praise. Described as a high-stakes chess match, the approach—featuring tariff shifts and bold claims—has critics grumbling about yet another unpredictable Trump play on the global stage. More...

Trump and Xi Hold Long-Awaited Trade Call Amid Tensions

In a high-stakes diplomatic move, President Trump spoke with Chinese President Xi in a long-anticipated call aimed at de-escalating trade tensions. The conversation, unfolding against a backdrop of unresolved tariff disputes, underscores the delicate balance between political brinkmanship and the urgent need to revive stalled economic talks. More...

Trump travel ban spurs global anxiety and political debate

President Trump has unveiled a travel ban that restricts entry for citizens of 12 countries while targeting an additional seven, stirring anxiety domestically and abroad. The policy has ignited political debates and apprehension among international communities, with both critics and supporters weighing its far‐reaching implications. More...

Trump to host German Chancellor Merz for high-stakes talks

A White House meeting is scheduled with German Chancellor Merz aimed at cementing transatlantic ties amid global uncertainties. The talks will cover pressing economic, trade, and security issues, proving that diplomacy sometimes requires a little friendly banter to smooth over thorny policy disagreements. More...

Trump-Musk Rift Deepens Over EV Incentive Cuts

President Trump’s public fallout with Elon Musk has escalated over proposed cuts to electric vehicle incentives embedded in a sweeping tax bill. The drama unfolded as Trump decried Musk’s criticisms and hinted at a ruptured relationship, with both sides now locked in a blunt, if not bickering, dispute over policy and profit. More...

Related Tags