At a Glance · AI-generated

Dana Walden, President of The Walt Disney Company, addressed the company's recent layoffs during Bloomberg Screentime, characterizing the cuts as "extremely painful" while asserting Disney must "survive and thrive and grow." Walden attributed the layoffs partly to technological disruption affecting the entertainment business, acknowledging the difficult nature of workforce reductions while framing them as necessary for the company's future competitiveness and survival.