Disney has announced layoffs affecting hundreds of employees across film, TV, and finance divisions as it adapts to streaming industry changes. The restructuring includes global teams involved in marketing, publicity, casting, and development, part of broader cost-saving efforts following 7,000 job cuts in 2023. Despite these adjustments, Disney's recent earnings exceeded expectations, driven by Disney+ and theme park successes. The company continues to navigate the evolving media landscape and streaming competition.