Disney Job Cuts Begin, Targeting 7,000 Positions

The video discusses Disney's strategic layoffs and cost-cutting measures aimed at restoring profitability. It highlights the importance of these actions for Disney's stock performance and the shift in focus from subscriber growth to profitability. The video also emphasizes the need for quick implementation of these changes due to ongoing structural reorganization, including ESPN becoming its own segment, to present a solid plan to Wall Street.

What shift in narrative is mentioned regarding Disney's focus?

What structural changes are being made within Disney's organization?