Walt Disney Company Announces Major Layoffs Across Global Teams

LOS ANGELES, CA — The Walt Disney Company announced Monday it is laying off several hundred employees globally, affecting various divisions, including marketing, publicity, casting, development, and corporate finance.

The layoffs are occurring in the context of Disney’s ongoing cost-cutting measures, with CEO Bob Iger leading the initiative to save at least $7.5 billion. Reports indicate that the cuts largely focus on Disney Entertainment, particularly in California, though no entire teams will be eliminated.

This move marks the fourth and largest round of layoffs in the past ten months, following additional cuts in March 2025 that impacted almost 200 employees from the ABC News Group and Disney’s entertainment networks.

The continued layoffs reflect a significant transition for Disney, as it reshapes its business model in response to changing consumer habits moving away from traditional cable to streaming platforms. This adjustment is part of a broader industry trend among major media companies.

<p    Earlier layoffs in July and October 2024 had already trimmed staff numbers significantly across various departments, including those in National Geographic and Freeform. Since the beginning of 2023, Disney has laid off approximately 7,000 employees.

Despite the current cuts, Disney’s recent earnings report showed better-than-expected results, driven by gains in its streaming services and theme parks. Iger earlier expressed optimism for the upcoming fiscal year, predicting growth in operating income.

The company will continue to adapt its workforce as it navigates these economic challenges and market changes.