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Walt Disney Co. announced another round of layoffs affecting hundreds of employees globally. The cuts impact film and television marketing, publicity, casting, development, and corporate finance. This follows a similar reduction of 200 jobs three months prior, attributed to shrinking TV ratings and revenue. Disney aims to focus on high-quality content after acknowledging overproduction for streaming services like Disney+. The layoffs are part of a broader retrenchment strategy in response to a challenging economic climate and audience shifts toward streaming.