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Disney launches fourth round of layoffs, cutting hundreds of jobs

This round represents the latest step in CEO Bob Iger’s plan to save $7.5 billion through workforce reductions to boost operational efficiency.

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FILE - People visit the Magic Kingdom Park at Walt Disney World Resort in Lake Buena Vista, Fla., April 18, 2022. (AP Photo/Ted Shaffrey, File)
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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.