Yahoo Finance's Brian Sozzi says Disney's (DIS) job cuts reflect broader pressure in the media industry, including the shift to streaming and weaker ad sales. In the nine months through the most recent quarter, Entertainment sales rose 7% while operating income rose 3%, and Sports sales rose 2% while operating profit fell 14%. Sozzi says parks and cruise lines have been driving results this year, while the TV business remains under pressure. Since John D'Amaro took over as CEO in March 2026, the stock is up 14.6% and has outperformed the S&P 500 by about 2%, according to the article. Sozzi argues that more cost cuts are needed to improve bottom-line profit and support the stock's momentum.
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