Disney Cutting Several Hundred Jobs; Pixar And National Geographic Among Most Affected Divisions

Disney is cutting several hundred positions across various corporate functions, with Pixar and National Geographic being the most affected divisions. The layoffs also impact ESPN, following a deal with the NFL, as well as Disney Entertainment Television and Studios. Despite the success of Toy Story 5, Pixar Animation Studios faced significant cuts. A Disney spokesperson confirmed these reductions are occurring across specific corporate units, affecting multiple divisions within the media conglomerate to streamline its overall operations.