Disney is laying off hundreds of employees as part of strategic overhaul to adapt to streaming
From Financial Modeling Prep: 2025-06-03 07:53:00
The Walt Disney Company is laying off hundreds of employees in film, TV, and finance divisions as part of a broader transformation to adapt to the streaming landscape. Recent layoffs follow a 2023 restructuring that cut 7,000 jobs and saved $5.5 billion. Despite layoffs, Disney’s financials show resilience with Disney+ growth and strong theme park results.
The stock is up 21% post-earnings, despite a slight dip to $112.62. Layoffs are part of a strategic reset to streamline operations and align priorities. Investors can analyze Disney’s transition using the Ratios (TTM) API for insights on efficiency, profitability, and debt trends, and the Full Financial as Reported API for historical data.
Disney’s layoffs are a calculated shift towards digital entertainment, not a sign of weakness. The company’s success will depend on how well it executes in the streaming space and adjusts its operations accordingly.
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