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U.S. entertainment giant Disney has begun eliminating up to 1,000 jobs as part of a strategic review under new CEO Josh D’Amaro.

• The layoffs represent less than 1% of Disney's global workforce of approximately 230,000 employees.
• CEO Josh D’Amaro announced the cuts in a memo to employees, citing the need to streamline operations and foster a more agile workforce.
• The reductions will affect various divisions including television and movie studios, ESPN, and corporate functions, as Disney adapts to changes in streaming profits and competition.

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