TheStreet: Shares of Disney fell Tuesday afternoon, following a news report that the company’s ESPN plans to cut 200 to 300 jobs in the coming months. Disney is said to be looking to reduce $100 million from its 2016 budget and $250 million in 2017. “ESPN has historically embraced evolving technology to smartly navigate our business,” said a spokesperson for the sports network. “Any organizational changes will be announced directly to our employees if and when appropriate.”