Key facts
- Disney is laying off several hundred employees globally across multiple teams, including HR and IT.
- The layoffs are being conducted Monday, affecting teams including marketing for film and TV, publicity, casting and development, and corporate financial operations.
- Disney is positioning the cuts as enhancing its ability to operate more efficiently.
- No teams are being eliminated with the job cuts.
- Disney previously laid off nearly 200 staffers across its TV and ABC News operations in March.
- The company let go 75 across ABC News and local stations in October 2024.
- Last September, the company let go about 300 employees across multiple corporate departments, including HR, legal and finance in the U.S.
- In July 2024, Disney pink-slipped about 140 employees in the television division, primarily affecting National Geographic, Freeform and locally owned TV stations.
- In 2023, Disney cut more than 8,000 jobs.
- As of Sept. 28, 2024, Disney reported having approximately 233,000 employees, of which roughly 171,000 were employed in the U.S.
Walt Disney is laying off several hundred employees globally across multiple teams, including human resources and IT, in what appears to be the third round of job cuts since Josh D'Amaro took over as CEO in mid-March. The layoffs are being conducted Monday, affecting teams that handle marketing for film and TV, publicity, casting and development, as well as corporate financial operations.
Disney is positioning the cuts as enhancing its ability to operate more efficiently, and no teams are being eliminated. The company previously laid off nearly 200 staffers across its TV and ABC News operations in March, following cuts of 75 employees across ABC News and local stations in October 2024. In September 2024, about 300 employees were let go across multiple corporate departments, including HR, legal and finance. In July 2024, approximately 140 employees in the television division, primarily affecting National Geographic, Freeform and locally owned TV stations, were laid off.
These layoffs follow a major round in 2023 under former CEO Bob Iger, which cut more than 8,000 jobs as part of a broader initiative to save $5.5 billion in costs. As of September 28, 2024, Disney reported having approximately 233,000 employees globally, with about 171,000 employed in the U.S.