Overview

• Disney confirmed cuts of several hundred jobs globally in film and television marketing, publicity, casting and development, plus corporate financial operations.
• This marks the fourth wave of head-count reductions in the past year after July 2024, October 2024 and March 2025 rounds of layoffs.
• Sources say most affected employees are based in Los Angeles and no entire teams have been disbanded.
• The job cuts advance CEO Bob Iger’s 2023 plan to eliminate 7,000 positions and reduce $7.5 billion in costs as Disney shifts business toward streaming.
• The layoffs follow a stronger-than-expected second quarter driven by gains in Disney’s experiences, sports divisions and profitable streaming business.