Disney is eliminating several hundred positions, with Pixar and National Geographic experiencing significant impacts, alongside ESPN staff reductions tied to an NFL deal.

Pixar and Nat Geo are said to be hit particularly hard in the latest round of cuts, with some high-profile talent also being let go at ESPN.

Pixar Animation Studios, despite riding high on the success of summer blockbuster "Toy Story 5," was hit particularly hard in a wave of corporatewide layoffs at Disney.