Overview
- The cuts affect several hundred employees in Disney Entertainment’s film and television marketing, publicity, casting, development and corporate finance divisions.
- Disney confirmed no entire teams have been disbanded, with most of the cuts occurring in Los Angeles-based units.
- Since Bob Iger’s return as CEO in late 2022, Disney has eliminated over 8,000 roles and set a target to reduce expenses by $7.5 billion.
- Q2 2025 earnings showed a 7% year-over-year revenue gain to $23.6 billion and a $289 million rise in direct-to-consumer operating profit.
- Disney+ subscriber base reached 126 million in Q1 2025 as the company shifts resources toward its streaming service.