Disney laying off several hundred employees worldwide

A Disney spokesperson confirmed the action on Tuesday
People visit the Magic Kingdom Park at Walt Disney World Resort in Florida. File picture: Ted Shaffrey/AP

People visit the Magic Kingdom Park at Walt Disney World Resort in Florida. File picture: Ted Shaffrey/AP

The Walt Disney Company is laying off several hundred employees worldwide as the entertainment giant looks to trim some costs and adapt to evolving industry conditions.

A Disney spokesperson confirmed the action on Tuesday.

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