The most recent quarterly earnings showed a 20% increase in profit at their parks, up to $2.2b. If that's hurting, most companies can only dream of that level of hurt. Is everything going amazing? No, they've had some movies under-perform and streaming continues to be something they're looking to find the right level of investment and pricing to maintain their subscriber count. They still have more subscribers than pretty much any platform not called Netflix so no real reason to panic there.Yeah the Disney empire is in real trouble. I'm hearing even the parks are starting to hurt, its going to get way worse when Universal finishes building its new parks and adds a Lord of the Rings park.
Name a major company that isn't laying people off right now. You might also have noticed there's a writer's strike on-going. That is impacting the ability to move forward on planned movie and TV projects so inevitably some of the people who would have been working on those projects have been let go when the filming they were involved in completed. It's really not hard to figure out why that stuff is happening.Thousands are being fired and Disney is losing key personal.