They are closing their parks and buildingsDisney Parks division set a record last year for profits...They're planning a huge expansion for Downtown Disney (dependent on local approval).
Their latest movies are taking huge losses across all brands.
Avatar 2 broke several box office records and is one of the highest-grossing movies in history. GOTG3 is underperforming but is still profitable. DS2, BP2, and Thor3 all underperformed...their lofty expectations of $1 billion grosses but were still massively profitable movies. Quantamania is one of only two Marvel films released in the Disney era that did not make a profit at the box office.
They are continuing more rounds of layoffs.
So are Google, Microsoft, Apple, Salesforce, and a number of other profitable companies...