In addition to wording changes, the warnings will no longer autoplay at the beginning of movies such as “Dumbo” and “Peter Pan.”

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.

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