You should probably read about what this division does. https://en.wikipedia.org/wiki/Walt_Disney_Studios_Home_Entertainment

from what I can tell, this division is responsible for digital along with other things. That would mean a loss of Disney+ so evidently the responsibilities will be passed on to other divisions. They are making efficiency gains. We don't know how that will look.  It's best not to read into this too much, we just don't know what their plans are.