Disney Reorganizes Streaming Teams, Cuts 1,000 Jobs as New CEO Restructures

The Walt Disney Company is reorganizing its streaming data and product teams as part of a broader restructuring under new CEO Bob Iger, who has cut 1,000 jobs. Ajay Arora, SVP of product management and engineering, will depart on April 30 after nearly five years at the company. The reorganization aims to streamline operations and reduce costs in Disney's direct-to-consumer business, which includes Disney+, Hulu, and ESPN+. The changes come as Disney faces pressure to improve profitability in its streaming division, which has posted significant losses despite subscriber growth. The job cuts are part of a larger workforce reduction announced earlier this year, targeting 7,000 positions across the company. The streaming data and commerce teams will be consolidated under new leadership to better integrate technology and product development.