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Disney’s Shakeup Continues: Chief Diversity Officer Latondra Newton Leaves Amid Cost-Cutting and Rebranding Efforts
In recent months, Disney has been navigating a series of financial challenges that have significantly impacted its operations and staffing. The entertainment titan has been bleeding revenue on several fronts, including disappointing box office results, billions lost on streaming services, and declines in theme park attendance. As part of its effort to stabilize its financial footing, Disney has conducted widespread layoffs and implemented cost-cutting measures across the company.