Disney has announced plans to cut nearly 6% of its workforce in its television and streaming divisions, affecting hundreds of employees. The move reflects the company’s struggle to adapt to a rapidly changing media landscape, marked by fierce competition and shifting viewer preferences. The layoffs come as Disney seeks to streamline operations amid financial turbulence, prioritizing profitability over expansion. The decision has sent ripples through the entertainment industry, raising questions about the future of jobs in a sector increasingly focused on cost-cutting.
