The Walt Disney Company is [cut / cutting] hundreds of jobs. Since 2023, Disney has cut more than 8,000 jobs. The job [cuts / cut] are the company's attempt to reduce [cost / costs] by $7.5 billion a year. The latest job losses are [in / on] the marketing departments for film and television. A Disney spokesperson spoke [at / to] the Fox Business website. She said: "As our industry transforms at [a / the] rapid pace, we continue to evaluate ways [for / to] efficiently manage our businesses, while fuelling the...creativity and innovation [what / that] consumers value and [except / expect] from Disney." The CEO of Disney, Bob Iger, said the cuts would keep the company healthy. He said: "We [remaining / remain] optimistic about the direction of the company."
Disney is [once / one] of the most famous companies in the world. It was [founded / fond of] in 1923 as an animation studio by brothers Walt and Roy Disney. In 1928, the studio [produced / production] a short film called "Steamboat Willie," which was one of the first cartoons [within / with] sound. The film was the debut [of / at] Mickey Mouse, who became Disney's mascot. Disney is now a [hug / huge] mass media and entertainment company. It owns the [animation / animated] companies Pixar and Marvel Studios, as [well / good] as household names like ESPN, National Geographic, and ABC News. It also operates theme parks in the USA, France, Japan and China. It [recent / recently] announced plans to build a new theme park and [resort / report] in Abu Dhabi, UAE.
