Entertainment7 sources
Disney Announces Major Layoffs Targeting 20% Cost Savings
- Disney is preparing for a significant round of layoffs, the largest this year.
- Managers have been instructed to target a 20% decrease in yearly expenses.
- Thousands of employees across divisions including theme parks, TV networks, and the movie studio will be affected.
- This is the fourth round of job cuts in 2026 under Disney CEO Josh D’Amaro.
- The layoffs are a response to ongoing challenges in streaming and theme park sectors.
Articles (7)
Variety·
Disney Expected to Lay Off Thousands of Staffers in Biggest Round of Cuts This Year
The Times of India·
Disney weighs thousands of job cuts, asks managers to target 20% cost savings
Deadline·
Disney To Undergo More Layoffs With Divisions Eyeing Up To 20% In Cost Savings
The Japan Times·
Disney plans thousands of layoffs while targeting 20% cost savings
Reuters·
Disney eyes thousands of layoffs, asks managers to target 20% savings, Bloomberg News reports
Bloomberg·
Disney Plans Thousands of Layoffs, Targeting 20% Cost Savings
Yahoo Finance·
Disney Eyes Thousands of Layoffs, With Managers Asked to Cut 20%