Disney will replace its "Diversity & Inclusion" performance factor, which it used to evaluate compensation for executives, with a new "Talent Strategy" factor that is more focused on how values drive business success, according to the note to employees first reported by Axios.

Disney+ has reportedly decided to update their content warning displayed before the start of old movies such as "Peter Pan" and "Dumbo," according to a report by Variety.

Classic films including “Dumbo” and “Peter Pan” will no longer autoplay warnings about racial stereotypes. It comes as Trump cracks down on diversity initiatives.