Disney said it is evaluating ways to invest in its businesses and more effectively manage its resources and costs amid layoff reports.

Disney has axed about 300 employees across various corporate departments, as the Mouse House continues to look at “ongoing” ways to trim costs. "We continually evaluate ways to invest in our businesses and more effectively manage our resources and costs to fuel the state-of-the-art creativity and innovation that consumers value and expect from Disney,

Disney is in the middle of a new wave of cuts as part of a “cost-saving initiative,” sources tell Deadline. We hear about 300 or so people are affected by the layoffs that started yesterday and are continuing today and tomorrow,

An estimated 300 people have been laid off across Disney Global, with more cutbacks expected in the coming days. 'The company "determined there are ways for [corporate-level functions] to operate more efficiently,

Amid a long summer season of cost-cutting and budget trimming in Hollywood, Disney has made a new round of cuts within its corporate structure impacting a number of staffers. "We continually evaluate ways to invest in our businesses and more effectively manage our resources and costs to fuel the state-of-the-art creativity and innovation that consumers