Disney is laying off several hundred people as it grapples with the decline of traditional TV

Disney is carrying out its fourth layoff in the past year.

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• Disney is laying off several hundred employees globally amid declining TV audiences.
• The layoffs affect marketing, publicity, casting, and corporate finance, mainly in the US.
• Disney, like other media giants, has had to contend with a painful shift to streaming.

Disney is laying off several hundred people globally, the company confirmed to Business Insider,...