Disney starts its third round of job cuts, over 2,500 employees to lose jobs

Entertainment giant Disney has started its third round of layoffs that will affect over 2,500 employees across the board, the media reported. Although Parks and Resorts remain largely untouched, no particular division is being targeted by pink slips this week, according to Deadline, citing sources. As part of a cost-cutting measure, the company began removing dozens of titles from its streaming platforms this week.