Disney owns a bevy of companies across entertainment and media, including ESPN, ABC Entertainment, ABC News, Marvel, Disney+ ...

In its quarterly earnings report, Disney predicted bigger gains and higher profits across the board for the fiscal year of ...

Disney is laying off several hundred employees across its global operations as part of an effort to reduce costs, with ...

Major layoffs are underway from Monday at the Walt Disney Company, affecting hundreds of employees across Disney ...

A source familiar with the decision told Reuters that the latest layoffs span global teams involved in film and TV marketing, ...

Since 2023, Disney has eliminated more than 8,000 roles as part of a broader effort to cut $7.5 billion in annual costs by ...

Disney is slashing jobs in major departments like marketing, development, and finance as part of a continued effort to ...

Disney (DIS) is laying off several hundred employees across its global operations as part of an effort to reduce costs, with consumers increasingly shifting from traditional cable packages to ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

According to the company, the decision was driven by the “rapid pace of industry transformation” and a strategic push to operate more efficiently.