Overview

• Managers have been instructed to submit dismissal lists to HR in September and October.
• Reporting points to 2,500–3,000 positions across theatrical, streaming, linear and other divisions.
• President Jeff Shell said the reductions will be painful and executed in a single wave rather than repeated rounds.
• CEO David Ellison has indicated savings could exceed $2 billion, with Bain & Company advising on efficiencies.
• The move is expected to align with third-quarter results and an investor presentation, as the company pursues deals including a seven-year UFC rights agreement beginning in 2026.