Overview
- The latest cuts span film and television marketing, publicity, casting, development and corporate financial operations worldwide.
- This fourth round of reductions follows more than 8,000 job eliminations since 2023 under a $7.5 billion cost-saving plan launched by CEO Bob Iger.
- Disney reported $23.6 billion in Q2 revenue, a 7% year-over-year increase driven by its profitable streaming services and its experiences segment.
- Disney+ reached 126 million subscribers in Q1 2025 as the company accelerates its shift from traditional TV to direct-to-consumer platforms.
- Iger has pledged to channel savings into high-quality content production and new roles in theme parks and experience offerings.