Disney is preparing another round of layoffs inside its TV division, according to a Wall Street Journal report, marking the company's third round of job cuts this year as it pursues a broader television restructuring. The cost-cutting push comes under new CEO Josh D'Amaro, who is consolidating operations and reducing headcount as the company reshapes itself for the streaming era. Disney did not return a request for comment on the Journal story. The company's advertising business is under pressure while operating expenses in its TV and sports divisions remain too high, making further cuts likely.
Walt Disney CompanyDisney is preparing a third round of layoffs in its TV division as part of cost-cutting and restructuring under new CEO Josh D'Amaro.
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