In a significant restructuring effort, Disney has announced plans to lay off several hundred employees across its film, TV, and corporate finance sectors. This new wave of layoffs comes amidst ongoing challenges in the entertainment industry and aims to cut costs as Disney navigates the complexities of streaming services and declining traditional TV viewership. Reports indicate that the layoffs are part of a broader strategy to streamline operations globally. Employees in various departments, including development and casting, are expected to be affected as the company seeks to adapt to changing market conditions.