Paragraph 1
The Walt Disney Company is cutting hundreds of
. Since 2023, Disney has cut more than 8,000 jobs
. The job cuts are the company's
to reduce costs by $7.5 billion a year. The
job losses are in the marketing
for film and television. A Disney spokesperson spoke to the Fox Business
. She said: "As our
transforms at a rapid pace, we continue to evaluate ways to efficiently manage our businesses, while fuelling the...creativity and
that consumers value and expect from Disney." The
of Disney, Bob Iger, said the cuts would keep the company healthy. He said: "We remain optimistic about the
of the company."