Entertainment giant Disney is cutting 650 jobs across the world to focus its film division on family blockbusters. The American company will produce 12 movies a year, down from the current 18, and will steer away from adult-oriented films. Walt Disney Studios chairman DICK COOK says, "When we do it right, not only do moviegoers of all ages benefit from the finest in quality entertainment, but it lifts the entire company as well." Among the job cuts, Walt Disney Motion Pictures Group president NINA JACOBSON will be leaving. Disney made the decision regarding adult movies after disappointing box office performances from The Alamo and The Ladykillers, which were made through their subsidiary Touchstone Pictures. Disney has had two number one hits in the US box office this summer (06) with animated blockbuster CARS and live action adventure Pirates Of The Caribbean: DEAD MAN'S CHEST.