Disney cuts hundreds more jobs in cost
The Walt Disney Company has laid off several hundred employees across its corporate, television, and studio divisions as part of a broader cost-cutting and restructuring effort. Despite the success of recent films like 'Toy Story 5,' the company is prioritizing quality and integrated operations.
Why it matters
Large-scale layoffs in major media conglomerates signal ongoing shifts in the entertainment industry's business model toward streaming efficiency and reduced production volume.
LOS ANGELES – The Walt Disney Company laid off several hundred employees on Tuesday in its latest round of job cuts, as the entertainment giant continues to streamline its operations with fewer projects, tighter budgets, and a more integrated corporate structure.
A Disney spokesperson confirmed the cuts, saying the company was eliminating several hundred jobs across corporate functions, Disney Entertainment Television, ESPN and Disney's studios. Employees affected by the layoffs began receiving notices Tuesday morning, according to reports from multiple news outlets.
Disney did not immediately disclose exact totals by division or say whether additional job cuts are planned. The company ended fiscal 2025 with about 231,000 employees worldwide, including roughly 172,000 in the United States.
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