US media revealed on the 3rd that Walt Disney Company plans to lay off thousands of employees worldwide, while requiring some management to cut annual costs by 20%. It is uncertain which Disney departments and businesses will be affected by this round of layoffs, and it is unclear which countries and regions employees will be affected. By the end of the last fiscal year, the company employed approximately 231,000 employees worldwide. The Wall Street Journal previously reported that Disney intends to restructure its television division and cut staff in the legal and global affairs departments.

US media revealed on the 3rd that Walt Disney Company plans to lay off thousands of employees worldwide, while requiring some management to cut annual costs by 20%. It is uncertain which Disney departments and businesses will be affected by this round of layoffs, and it is unclear which countries and regions employees will be affected. By the end of the last fiscal year, the company employed approximately 231,000 employees worldwide. The Wall Street Journal previously reported that Disney intends to restructure its television division and cut staff in the legal and global affairs departments.