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Disney Employees Hit with Fifth Round of Layoffs in Last Year While Bob Iger Gets 30% Pay Raise

Disney Employees Hit with Fifth Round of Layoffs in Last Year While Bob Iger Gets 30% Pay Raise

The Walt Disney Company has announced its fifth round of layoffs in 2025, continuing a pattern of deep cuts across the entertainment giant. The latest reductions have struck the Entertainment and ESPN Product and Technology division, where less than 2% of the workforce was reportedly let go.

Disney referred to the move as a “rebalancing of resources”, despite it following four other major staff reductions in the last eight months.

But what makes this round especially controversial is what happened earlier this ye

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2026 Grammy Awards See Ratings Decline as Artists Address Political Issues

2026 Grammy Awards See Ratings Decline as Artists Address Political Issues

According to Nielsen Big Data, viewership for the 2026 Grammy Awards was down one million viewers from last year. Deadline reports that 14.4 million people watched the CBS telecast, which is down 6.5% from 2025, marking the second consecutive year of decline since the 2024 show, which drew 16.9 million viewers. Some are suggesting the reason could be increased on-stage political activism.

Netflix CEO Admits Under Oath That James Gunn’s ‘Superman’ Underperformed at the Box Office

Netflix CEO Admits Under Oath That James Gunn’s ‘Superman’ Underperformed at the Box Office

Ted Sarandos said under oath that James Gunn’s 2025 film Superman underperformed relative to expectations. The Netflix co-CEO was testifying before a U.S. Senate committee in an antitrust hearing to discuss the implications of Netflix’s $83 billion bid to acquire Warner Bros. Sarandos was expected to attempt to ease skepticism about the business’s future and give insight into his company’s strategy.

Josh D’Amaro Promises AI Technology Won’t Replace Human Creativity While He’s Disney CEO

Josh D’Amaro Promises AI Technology Won’t Replace Human Creativity While He’s Disney CEO

In his first interview as the incoming CEO of the Walt Disney Company, Josh D’Amaro discussed the role artificial intelligence will play in the company’s future under his leadership, promising that it won’t replace human creativity. As AI has advanced, in the hands of both consumers and professionals, the new technology has caused growing concern within the industry.