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Disney Cuts Hundreds More Jobs in New Round of Layoffs
The Hollywood Reporter • • business
Key Points:
- The Walt Disney Co. has conducted a fourth round of layoffs this year, cutting a few hundred employees primarily in human resources and technology as part of ongoing corporate streamlining efforts.
- Earlier layoffs in April and July targeted marketing, studios, ESPN, and corporate functions, with significant reductions at Pixar and National Geographic.
- CEO Josh D’Amaro and CFO Hugh Johnston emphasize that Disney is focused on cost reduction, efficiency, and investing in strategic growth areas, describing the company as "mid-stream" in its restructuring process.
- Disney is increasingly using automation and artificial intelligence to reshape its workforce, with departments like legal and global affairs expected to shrink significantly as part of this transformation.
- Despite the layoffs, Disney remains a major employer with approximately 231,000 employees globally as of the end of fiscal 2025, including 172,000 in the U.S.
