Disney to Cut 140 Jobs in Television Division Amid Restructuring

Walt Disney Co. is set to cut approximately 140 jobs within its television division, impacting networks like National Geographic and Freeform. This restructuring, led by CEO Bob Iger, aims to streamline operations amid challenges in traditional cable viewing. As Disney adapts to the evolving media landscape, these layoffs reflect broader industry trends and are part of a strategy to balance investments in streaming services with declining cable revenues.