Disney’s Big Restructuring Move | Venice Beach News

Disney’s pulling the plug on hundreds of jobs across Pixar, National Geographic, and ESPN in yet another major restructuring — this is their third round of layoffs this year. Led by CEO Josh D’Amaro, the move aims to speed up operations and embrace tech to stay competitive. Pixar’s losing less than 10% of staff, mostly in production, while ESPN cuts tie to their NFL Network deal. The company’s been streamlining since January, targeting marketing, studios, and tech divisions. Despite recent box office wins with “Hoppers” and “Toy Story 5,” Disney’s pivoting toward fewer, higher-quality theatrical releases to fuel both its studios and streaming platforms. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4eeb24cd0246cd52