Walt Disney Co. begins layoffs of 1,000 employees
AP News • • business
Key Points:
- The Walt Disney Co. has initiated layoffs expected to result in approximately 1,000 job cuts across various divisions, including traditional television, ESPN, and its movie studio.
- The layoffs follow a January consolidation of Disney’s marketing division and aim to streamline operations to foster a more agile and technologically-enabled workforce.
- CEO Josh D’Amaro, who succeeded Bob Iger in February, emphasized the need to adapt to the fast-moving pace of the industry while maintaining Disney’s creativity and innovation.
- Disney previously cut around 8,000 jobs in 2022 after Iger’s return as CEO, and as of late 2025, the company employed about 230,000 people.
- D’Amaro has been with Disney since 1998 and formerly led the company’s parks division before becoming CEO.
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