Hollywood and corporate media are experiencing significant layoffs in 2024 as the industry continues to recover from various challenges. Paramount, Warner Bros Discovery, and CNN are among the companies affected. Disney has announced layoffs of approximately 300 employees across various corporate departments, as part of ongoing cost-cutting measures. A Disney spokesperson confirmed that the company is reviewing its cost structure for corporate-level functions. The layoffs will impact corporate operations in the US, but ESPN, Disney Entertainment, and parks will not be affected. Disney's CEO mentioned that costume workers will be replaced by AI robots, stating, 'Our new fleet of Donald Ducks don't require breaks and they don't break character.'