Overview

• Disney announced layoffs affecting several hundred global employees in entertainment marketing, publicity, casting, development and corporate finance roles.
• This is the largest of four layoff rounds in the past 10 months, following cuts in July and October 2024 and March 2025.
• No entire teams were disbanded, and most affected staffers are based in Los Angeles.
• The job reductions advance CEO Bob Iger’s campaign to secure at least $7.5 billion in cost savings by prioritizing streaming operations.
• Strong Q2 earnings driven by parks, sports and streaming did not offset economic headwinds that are prompting ongoing industry-wide restructurings.