Disney is reportedly downsizing, laying off several hundred employees across various departments within the company.
According to sources familiar with the situation, these layoffs primarily affect the human resources and technology sectors. This move continues a trend of workforce reductions that began earlier this year, as reported by Reuters.
Variety was the first to break the news.
These decisions come at a time of leadership change at Disney, with Josh D’Amaro taking over as CEO in March. The company is navigating significant challenges, including the rise of artificial intelligence, declining box office revenues, and fierce competition from streaming services.
In April, Disney had already eliminated around 1,000 positions within the marketing division, having undergone earlier job cuts in January. Job reductions were also made in the company’s studio, television, ESPN, product development, technology, and other corporate functions.
In July, Disney laid off hundreds more employees, including staff at Pixar, ESPN, Disney Studios, and Disney Entertainment Television.
In a bid to streamline operations, the company launched voluntary early retirement packages for experienced executives in August.
This early retirement offer was targeted at long-tenured employees, specifically those in executive roles who had been with Disney for a minimum of ten years and were at least 50 years old. The limited-time offer included benefits like separation pay, continued equity vesting, healthcare support, and continued access to company perks.
Disney’s workforce totaled about 231,000 at the end of fiscal year 2025, with approximately 172,000 based in the U.S. and 59,000 working internationally.
Earlier this year, Disney cut 7,000 jobs as part of a broader plan to save $5.5 billion in costs under previous CEO Bob Iger.
FOX Business has attempted to reach Disney for further comments.
