Disney Laying Off Several Hundred Employees, Variety Reports
The cuts affect a couple of hundred workers as Disney reduces costs and evaluates labor and automation changes under CEO Josh D'Amaro.
- On Tuesday, The Walt Disney Company initiated a new wave of layoffs impacting "a couple hundred" employees, primarily in human resources and technology departments across corporate divisions.
- This reduction marks the third round of job cuts this year under CEO Josh D'Amaro, following eliminations in April affecting about 1,000 positions and July cuts across Pixar and National Geographic.
- Global Affairs Officer Horacio Gutierrez warned of "hard choices" in a September 18 memo, signaling the company is "automating certain workflows" and leveraging artificial intelligence to streamline operations.
- Disney's film and television operations remain exempt from these reductions, though Disney President and Chief Creative Officer Dana Walden is expected to oversee separate restructuring of those divisions later.
- These measures follow previous cuts that helped Disney achieve $7.5 billion in savings between 2023 and 2025, as leadership continues evaluating cost-reduction levers to create capacity for future growth investments.
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Disney cuts jobs in the midst of the crisis REUTERS/Dado Ruvic/Illustration/File Photo Walt Disney has fired a few hundred employees in different areas of the company, reported the American magazine Variety on Tuesday (29), citing a source familiar with the subject. The cuts mainly affect the departments of human resources and information technology (IT), both in the corporate structure and in different divisions. 的的 Have some reporting suggesti…
Disney is starting its 3rd round of layoffs under CEO Josh D'Amaro
Disney is cutting more staff under CEO Josh D'Amaro.Aurore Marechal/Getty ImagesDisney is turning to layoffs for the third time since mid-March, when Josh D'Amaro became CEO.A person familiar with the change confirmed the new round of cuts on Tuesday.D'Amaro's company downsized its marketing team in April and cut ESPN staffers in July.Disney is laying off employees for the third time since CEO Josh D'Amaro took the top job in mid-March.The Mouse…
Disney laying off several hundred employees, Variety reports
Sept 29 (Reuters) - Walt Disney is laying off a few hundred employees across multiple divisions, including human resources and IT departments, Variety reported on Tuesday, citing a source familiar with the matter. Disney has seen several C-suite chan...
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