Disney prepares layoffs that could affect thousands, sources say
Some managers have been asked to find up to 20% in annual cost savings, sources say. The prospective cuts would follow layoffs across Disney this year.
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Some managers have been asked to find up to 20% in annual cost savings, sources say. The prospective cuts would follow layoffs across Disney this year.
Disney is preparing further layoffs that could affect thousands of employees across several divisions, including television networks and its movie studio, in varying numbers, according to sources cited by Deadline. The prospective round follows months of cuts since Josh D’Amaro succeeded Bob Iger as CEO on 18 March.
The sources said managers of affected teams have received savings targets, with some asked to cut annual costs by as much as 20%. That figure is a cost target, not a stated percentage of jobs to be eliminated. Disney declined to comment; the timing, exact headcount and distribution of the prospective cuts remain unclear.
Deadline reports that Disney had just over 230,000 employees worldwide at the end of its most recent fiscal year.
Separately, Disney laid off 100-200 employees in its Experiences division last week, most of them at its Imagineering campus in Glendale. In April, 1,000 roles were to be eliminated; several hundred more cuts followed in July, with Pixar and National Geographic among the divisions most affected. A couple of hundred employees were laid off in late September, largely in technology and human resources.
Disney also offered voluntary early retirement to longtime executives in August. That process, which was considered a precursor to layoffs, has finished. In an August memo, chief people officer Sonia Coleman said involuntary staff reductions were part of the organization’s reshaping, had already begun in some areas and would continue into 2027.
Disney President and Chief Creative Officer Dana Walden said in October that companies need to keep evaluating their structures, pointing to competition from the technology industry. D’Amaro has said more efficient operations could serve more people across parks and digital platforms at lower cost and free money for new content, guest experiences and technology infrastructure.
The film and television editor won for the Dexter pilot and worked with director John McNaughton on Henry: Portrait of a Serial Killer and Wild Things.
D’Amaro expects Disney+ to begin adding elements of an expanded offering in spring 2027, bringing games, merchandise and other experiences alongside films and series, with more personalization and subscriber benefits.
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