Disney Announces 1,000 Job Cuts Across Multiple Divisions

The Walt Disney Company has initiated a series of layoffs affecting approximately 1,000 employees across multiple divisions, including marketing, studios, television, ESPN, product and technology, and certain corporate functions. This move is part of a broader effort to streamline operations and adapt to the rapidly evolving entertainment industry.

In a memo to staff, CEO Josh D'Amaro stated that the company has been evaluating ways to enhance efficiency and foster a more agile, technologically-enabled workforce. He acknowledged the difficulty of these decisions and emphasized the company's commitment to supporting affected employees during the transition.

The layoffs follow Disney's recent consolidation of its marketing operations into a unified structure under Chief Marketing Officer Asad Ayaz, aiming to centralize the company's extensive marketing efforts. This restructuring reflects Disney's response to industry challenges, including declining television viewership, reduced box office revenues, and increased competition in the streaming sector.

This is the first significant workforce reduction since D'Amaro assumed the role of CEO in March 2026, succeeding Bob Iger. The company had previously announced a reduction of 7,000 jobs in 2023 as part of a cost-saving initiative. As of September 2025, Disney employed approximately 231,000 people.