Disney lays off more employees, as it rebalances teams in ...
Walt Disney company
has started another round of layoffs. As part of the fresh round of layoffs the company is firing hundreds of employees globally. The company announced that the layoffs are part of the ongoing
strategic restructuring
which is aimed at streamlining operations and pivot towards high-growth areas particularly streaming. The latest wave of
job cuts
has affected various departments including film and television marketing, TV publicity, casting, development and corporate finance functions.
As reported by Business Insider, the latest round of layoffs is part of the company's broader
cost-cutting initiative
headed by Disney CEO
Bob Iger
. Disney has decided on a target of saving $7.5 billion in expenses and these layoffs are part of the same plan. Till now the company has fired around 7000 employees. The report also highlights that the layoffs were focused on rebalancing resources and the company is also planning to hire people in product and technology.
The report also suggests that the company has fired employees from different teams and has not eliminated a complete team. This means that Disney is working on a more surgical approach to rebalancing talent and resources. Affected employees were reportedly informed of the decision recently.
This fresh round of layoffs follows the earlier job cuts in March 2025, when Disney reduced nearly 200 roles at ABC News and its Entertainment Networks division.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Buy Brass Laxmi Ji Idol For Wealth, Peace & Happiness
Luxeartisanship
Shop Now
Undo
Disney fired hundreds of employees
Earlier this month, Disney fired hundreds of employees from various departments. As reported by BBC, the professionals in the film, television and finance departments are impacted in this fresh round of layoffs. This latest move marks a continuation of the company's broader restructuring efforts aimed at streamlining operations and achieving cost efficiencies.
"As our industry transforms at a rapid pace, we continue to evaluate ways to efficiently manage our businesses while fuelling the state-of-the-art creativity and innovation that consumers value and expect from Disney," a Disney spokesperson told the BBC.
"We have been surgical in our approach to minimise the number of impacted employees," added the spokesperson.
AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
17 minutes ago
- Mint
Could a royal friend really reunite Prince William and Prince Harry at a christening? Here's what we know
Prince William and Prince Harry could soon be in the same room, all courtesy of the Duke of Westminster. The Daily Beast reports that Britain's richest aristocrat, Hugh Grosvenor - 'Hughie' to his friends - has asked William to be godfather to his newborn daughter. What's less clear is whether he plans to extend the same invitation to Harry. The Grosvenor fortune-over £10 billion-is tied to centuries of royal favor, and Hughie himself is King Charles' godson. That reality makes it hard to imagine him risking William's trust by staging what could look like a social ambush. The British aristocracy tends to stick with the Crown, and William is its heir. Friends told The Daily Beast that even at his wedding, Hughie's priority was avoiding scenes. 'He wishes they could put their heads together and patch things up, but realizes it's unlikely to happen before the wedding. He wanted to avoid anything overshadowing the day,' one said. That calculus hasn't changed. If awkwardness was a risk with 400 guests, imagine a christening. The likeliest outcome? William attends as godfather. Harry sends congratulations and a silver rattle from California. Harry has spoken publicly about wanting to reconcile. In May, during a BBC interview, he admitted: 'There is no point continuing to fight any more … But I would love a reconciliation … I don't know how much longer my father has. He won't speak to me.' The line 'He won't speak to me' echoed through court circles, according to The Daily Beast, but William has remained silent. Sources told the outlet that the Prince and Princess of Wales deliberately kept clear of a recent 'peace summit' between Harry's team and King Charles' aides. One insider explained: 'It's no coincidence that William and Catherine did not have a representative…They will be treating the talks with extreme caution.' Away from the feud, William and Kate are also preparing for a big change. The Daily Beast reports the couple is moving into Forest Lodge, a newly refurbished eight-bedroom mansion in Windsor Great Park. The renovation, funded privately through the Duchy of Cornwall, comes with a hefty price tag and inevitable scrutiny at a time when many in the UK are struggling to pay bills. Still, aides frame the move as a 'fresh start' after several turbulent years marked by family health crises and the death of Queen Elizabeth II. Whether the public sees it that way-or as tone-deaf extravagance-remains to be seen Hugh Grosvenor, Britain's richest aristocrat and a longtime friend of both William and Harry. Yes, according to The Daily Beast, he has already been asked. That remains uncertain; sources suggest it's unlikely. Because it would force the feuding brothers into the same small, intimate setting. To Forest Lodge, an eight-bedroom estate in Windsor Great Park.
Time of India
41 minutes ago
- Time of India
Jyoti Chandekar funeral: Tejaswini Pandit breaks down inconsolably while performing last rites of her mother, Raj Thackeray offers condolences
The Marathi film industry is mourning the loss of veteran actress Jyoti Chandekar, who passed away on Saturday, August 16, at the age of 68 after a brief illness. Her demise has left a deep void in the hearts of fans and colleagues alike. Tejaswini Pandit performs last rites in tears On Sunday, August 17, Jyoti Chandekar 's funeral was held at 11 a.m. with family, friends, and admirers bidding her a tearful goodbye. Maharashtra Navnirman Sena (MNS) chief Raj Thackeray also paid his respects. A heart-wrenching video of her daughter, actress Tejaswini Pandit, has now surfaced on social media. Shared by Marathi news channel Sakal, the clip shows Tejaswini performing her mother's last rites with courage but breaking down inconsolably while looking at her late mother's mortal remains. Tejaswini's emotional statement Confirming the news of her mother's passing, Tejaswini Pandit shared an emotional statement in Marathi, 'It is with deep sorrow that I share the news that our mother, the esteemed and beloved actress Mrs. Jyoti Chandekar Pandit, who lived life on her own terms and always smiled wholeheartedly, passed away today, 16th August, at the age of 68 after a brief illness." Tejaswini Pandit shares audience would love to watch our show again and again Battling illness on set In 2024, while shooting for Tharala Tar Mag, Jyoti Chandekar fell ill due to low sodium levels and was hospitalised. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Could This NEW Collagen Blend Finally Reduce Your Cellulite? Vitauthority Learn More Undo She had to take a two-month-long break before returning to work. Recalling the phase in an interview with The Craft, she had said, 'It felt like I literally came back from the brink of death. No production waits two months for a single actor. But everyone waited for me. I wasn't working for two months, yet they managed everything so beautifully that it still felt like Poorna Aaji… Aaji is here. No one let my absence be felt." A glorious five-decade career Beginning her career as a child artiste at the age of 12, Jyoti Chandekar went on to become one of the most respected names in Marathi cinema. She won acclaim for her powerful performances in films like Mee Sindhutai Sapkal (2010), where she played the mother of Sindhutai, Guru (2016), Dholki (2015), Ticha Umbartha (2015), and Duniya Kari Salaam. In the 2023 remake Shyamchi Aai, based on Sane Guruji's autobiography, she once again showcased her unmatched emotional depth. On television, she became a household name with roles in Tu Saubhagyavati Ho (2012), Chhatriwali (2018), and as the much-loved 'Poorna Aaji' in Tharala Tar Mag (2022). Over the years, Jyoti Chandekar's contribution to cinema and theatre earned her multiple Zee Chitra Gaurav Puraskar awards for Best Supporting Actress, including for Sukhant, Paulwaat, and Ticha Umbartha. "Get the latest news updates on Times of India, including reviews of the movie Coolie and War 2 ."
Time of India
an hour ago
- Time of India
How saying yes to overwork can hinder success: 5 lessons professionals need to learn
Modern workplaces run on an unspoken currency: Employees' willingness to say 'yes.' Yes to staying late, yes to filling in for colleagues, yes to tasks far removed from one's actual role. For decades, this readiness has been celebrated as ambition, commitment, even loyalty. But a new report exposes the darker side of this culture: workers are paying a heavy price for carrying burdens that extend well beyond their job descriptions. LiveCareer's Hidden Costs and Rewards of Extra Work Report (December 2024), based on a survey of 1,160 US employees, lays bare a paradox that defines today's labour force. On the surface, saying 'yes' can open doors, sharpen skills, promotions beckon, and paychecks fatten. But beneath that thin layer of reward lies a corrosive truth: Overwork is pushing nearly all employees toward burnout, leaving them stretched, fatigued, and disillusioned. The findings challenge one of the most enduring myths of modern careers, that extra work is always the highway to success. Instead, the survey paints a portrait of a workforce trapped in a cycle of pressure, compliance, and exhaustion, where the costs often outweigh the gains. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo A culture of overextension The numbers from the report paint a sobering picture. 77% of employees take on responsibilities outside their role at least weekly, with more than a third facing such requests daily. Only 3% say they are never asked to do more. The concept of 'extra' work, once seen as occasional, has become structurally embedded in workplace operations. This isn't about 'going the extra mile,' it's about a workplace survival strategy that relies on stretching human capacity until boundaries blur. Burnout: The hidden epidemic The toll is undeniable. A staggering 93% of employees report burnout as a direct consequence of accepting extra work. Nearly 60% say they frequently feel drained because they cannot say no. Burnout has become less of a red flag and more of a badge employees are forced to wear, a silent marker of endurance in an unforgiving environment. The normalization of this fatigue raises a critical question: When exhaustion becomes the default, is the system itself broken? Why saying 'no' rarely happen Despite the consequences, most employees still comply. 56% admit they feel pressured into saying yes, while 27% cite direct managerial influence. Recognition (24%), the desire to be seen as a team player (23%), and career ambitions (18%) also drive compliance. Only 11% set boundaries and refuse additional work. This imbalance underscores a workplace psychology where declining requests is equated with jeopardizing one's future. In a precarious labour market, self-preservation often means self-sacrifice. Where the work comes from What makes this overextension even more insidious is its source. It isn't limited to one layer of authority: 23% of requests come from direct managers, 22% from senior leaders, 22% from coworkers, 21% from other team managers, and even 13% from HR. The expectation to do more is everywhere, woven into every layer of hierarchy. The tasks themselves are telling, administrative duties, event planning, overtime, mentoring, or covering for absent colleagues. These aren't career-advancing stretch projects; they're organizational gaps papered over by human labor. The rewards that keep people hooked Yet, the story isn't entirely bleak. One in three employees credits extra work with skill development, financial rewards, or closer colleague relationships. About 31% even report career advancement opportunities. In fact, 90% of respondents feel fairly compensated for their additional contributions, and more than half believe their efforts are critical to business survival. But the benefits are uneven. Older workers (41+) are far more likely to see fairness and advancement opportunities than their younger counterparts, who often perceive the trade-off as thankless. A question of sustainability The dual reality is stark: Extra work brings rewards, but also crippling burnout. When nearly every employee admits to being overburdened, the problem ceases to be individual; it is systemic. The culture of relentless 'yes' may keep businesses afloat in the short term, but it breeds long-term instability, eroding mental health, engagement, and retention. Redrawing the boundaries What LiveCareer's report uncovers is more than statistics; it is a mirror held up to modern workplaces. Saying 'yes' has become a default response, not out of enthusiasm, but compulsion. Companies may celebrate it as commitment, but in truth, it reflects a structure built on overreliance and exhaustion. The task ahead is twofold: Employees must find the courage to draw boundaries, and employers must confront their dependence on burnout economics. Until then, the corporate culture of 'yes' will remain less about opportunity and more about erosion of energy, balance, and dignity at work. Lessons professionals need to learn In today's hyper-competitive workplace, many professionals believe that saying yes to every task is the surest way to climb the ladder. Yet, the reality is often the opposite. Overcommitment drains energy, blurs focus, and creates a cycle where effort outweighs achievement. True success lies not in endless hustle, but in mastering balance and discernment. Boundaries safeguard growth Agreeing to every request leaves little room for strategic work. Setting boundaries allows professionals to channel time and energy into projects that drive meaningful results. Productivity isn't about hours logged Staying late may look impressive, but output matters more than optics. Professionals who focus on efficiency often deliver stronger results than those stuck in the cycle of overwork. Burnout destroys long-term potential Short-term wins earned through exhaustion come at the cost of health, creativity, and sustainability. Protecting well-being ensures careers last and flourish. Selective commitments build credibility Saying yes to everything dilutes quality. By prioritizing key responsibilities, professionals establish a reputation for reliability and excellence. Rest is a competitive advantage Recovery sharpens judgment, strengthens resilience, and boosts leadership potential. In a world that glorifies busyness, choosing rest can set professionals apart. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
