It would not be the first time.

"We have been surgical in our approach to minimise the number of impacted employees," said a spokesperson. The company also said that no teams will be closed down entirely.The California-based firm employs 233,000 workers, with just over 60,000 of those based outside the US.

Disney owns a host of companies across the entertainment industry including Marvel, Hulu and ESPN.The firm reported stronger than expected earnings in May, with overall revenue of $23.6bn for the first three months of the year. That was a 7% increase from the same period in 2024.It said the growth was fuelled by new subscribers to its Disney+ streaming service.

The company has released a number of new films this year including Captain America: Brave New World and Snow White.The live action remake of the iconic Snow White animated film did not perform as well as expected at cinemas,

But Disney's latest release, Lilo & Stitch, broke box office records in the US for the Memorial Day holiday weekend.

The animated film has seen global ticket sales of more than $610m since its release in May, according to industry data firm Box Office Mojo."It is my opinion that Iran has been slow walking their decision on this very important matter," Trump wrote. "We will need a definitive answer in a very short period of time."

Iran's Supreme Leader Ayatollah Ali Khamanei has criticised the US proposal and said it will not stop enriching uranium.Authorities in the German city of Cologne have defused three unexploded World War Two bombs after the evacuation of more than 20,000 people.

Bomb squad technicians deactivated the American bombs on Wednesday after evacuating an area of around 10,000 sq m (107,639 sq ft) following their discovery in a shipyard in Deutz on Monday.Homes, shops, hotels and schools were told to evacuate, as well as a large hospital and a major train station in what the city called "the largest operation since WW2".