Disney Lays Off Hundreds Amid Ongoing Cost-Cutting Efforts

Burbank, California — The Walt Disney Company is laying off several hundred employees globally as part of ongoing cost-cutting measures. This decision affects various teams, including those involved in marketing for film and television, publicity, casting, development, and corporate financial operations.

According to reports, impacted employees were notified Monday. However, no entire teams are being eliminated; rather, individual positions within those teams are being cut. The majority of Disney Entertainment Television staffers are based in Los Angeles.

This is the largest round of layoffs at Disney in the past ten months and follows a series of earlier cuts. In March, around 200 jobs were lost, with approximately 6% of the workforce in the ABC News Group and Disney’s entertainment networks affected. Other rounds of layoffs occurred in October 2024, September 2024, and July 2024, impacting various divisions.

CEO Bob Iger‘s return to the company in 2023 marked the beginning of a significant restructuring aimed at achieving at least $7.5 billion in cost reductions. Earlier this year, Disney’s direct-to-consumer operating profit increased to $336 million, driven largely by improvements in streaming services.

Company representatives stated that the current job cuts are part of a strategy to enhance operational efficiency. Despite these layoffs, Iger has indicated goals for future job creation, especially in Disney’s theme park experiences.

The layoffs coincide with Disney’s plans to spin off several cable networks into a new company called Versant, aligning with trends in the media industry as companies adapt to new economic realities.