Disney Hit By Layoffs, A Couple Hundred Workers Cut
Key Points:
- Disney has initiated layoffs impacting a couple of hundred employees, primarily in tech and HR, marking a smaller reduction compared to earlier cuts this year under CEO Josh D’Amaro.
- The TV division, Disney Entertainment Television, and the motion picture studio are largely exempt from the current layoffs, despite ongoing restructuring efforts.
- These layoffs follow a voluntary early retirement offer for senior employees, with recent internal communications hinting at further staffing reductions and increased automation, particularly in the Legal and Global Affairs (LGA) department.
- Since D’Amaro became CEO in March, Disney has conducted multiple layoffs, including 1,000 cuts in April and several hundred at Pixar and National Geographic in July, as part of a broader cost-reduction strategy.
- Between 2023 and 2025, Disney cut around 8,000 jobs under former CEO Bob Iger, achieving $7.5 billion in cost savings, significantly exceeding initial projections.