Disney to Cut 1,000 Jobs as CEO Announces Layoffs Across Company
Walt Disney Company has announced plans to eliminate approximately 1,000 positions as part of a strategic effort to streamline operations and adapt to evolving industry demands. The layoffs were communicated by new Chief Executive Officer Josh D’Amaro in an internal email to employees. According to sources familiar with the matter, the job cuts will impact various divisions, including the studio and television business, ESPN, marketing, products and technology, and certain corporate functions. This move reflects Disney's response to challenging economic realities facing the entertainment sector, such as declining traditional television viewership, shrinking box office revenues, and intensified competition from streaming services. The company aims to foster a more agile and technologically enabled workforce to meet future needs. This reduction follows a significant round of layoffs in 2023, where 7,000 jobs were cut to save costs amid pressure from activist investors. With a workforce of approximately 231,000 employees as of late 2025, this latest adjustment underscores ongoing structural changes within major Hollywood studios like Warner Bros Discovery and Paramount Skydance, which have also recently undergone similar workforce reductions.
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Disney to Cut 1,000 Jobs as CEO Announces Layoffs Across Company
Walt Disney Company has announced plans to eliminate approximately 1,000 positions as part of a strategic effort to streamline operations and adapt to evolving industry demands. The layoffs were communicated by new Chief Executive Officer Josh D’Amaro in an internal email to employees. According to sources familiar with the matter, the job cuts will impact various divisions, including the studio and television business, ESPN, marketing, products and technology, and certain corporate functions. This move reflects Disney's response to challenging economic realities facing the entertainment sector, such as declining traditional television viewership, shrinking box office revenues, and intensified competition from streaming services. The company aims to foster a more agile and technologically enabled workforce to meet future needs. This reduction follows a significant round of layoffs in 2023, where 7,000 jobs were cut to save costs amid pressure from activist investors. With a workforce of approximately 231,000 employees as of late 2025, this latest adjustment underscores ongoing structural changes within major Hollywood studios like Warner Bros Discovery and Paramount Skydance, which have also recently undergone similar workforce reductions.
The Guardian