Disney is laying off several hundred people as the company grapples with a declining TV business
1. Disney is laying off several hundred employees amid declining TV viewership. 2. Layoffs affect marketing and finance roles, primarily in the US. 3. This is Disney's fourth layoff in a year as streaming grows. 4. Bob Iger's strategy focuses on cutting jobs to streamline operations. 5. Disney's streaming segment has turned profitable for the first time.