Or figure out why they, and all other streaming services, are unable to retain subscribers.[1] (Like, say, people subscribing to a service to watch some content, then unsubscribing and joining another service. Or the ripple effect of one subscription raising prices and people suddenly reassessing their subscription spend.)
So of course the response to rational behavior anyone not in a boardroom can easily understand, is to lay off some of the people who aren't in the boardroom.
1: https://www.investopedia.com/should-disney-investors-be-wary...