The WaltDisney Co. will cut 650 jobs worldwide as part of a major new restructuring.The studio will now focus on more Disney-branded family films, aiming to produceand distribute about 10 Disney live-action andanimated titles per year, but only two to three more adult Touchstone titles per year.

Amongthose leaving will be Nina Jacobson, who had been president of Walt DisneyMotion Pictures Group.

As partof the restructuring, Oren Aviv has been appointed president of production forWalt Disney Pictures, overseeing development and production of live-actionprojects. He had been president of marketing and chief creative officer of TheWalt Disney Studios.

WaltDisney Feature Animation, Pixar Studios, MiramaxFilms, Buena Vista Music Group and Buena Vista Theatrical Productions will notbe affected by the reorganisation.

Thecompany has combined several units into two organisations, Buena VistaWorldwide Marketing and Distribution and Buena Vista Worldwide HomeEntertainment. Robert Chapek has been named presidentof the latter, and will oversee marketing and distribution of all the studio'shome entertainment releases.

Meanwhile,Mark Zoradi has been appointed president of WaltDisney Motion Pictures Group and will oversee the distribution and marketing ofall Disney and Touchstone Pictures films worldwide. He had been president ofBuena Vista International.

"Theconsolidation of global marketing and distribution is extremely important as wecontinue to adapt to the vastly changing world. To lead this charge we have thebest team in place with Mark and Bob," said Walt Disney Studios chairmanDick Cook.

Inanother appointment, Jim Gallagher has been named president of marketing forBuena Vista Pictures Marketing. He had been senior VP of creative services for BuenaVista Pictures Marketing (domestic).