Disney laying off around 300 employees in latest cuts under new CEO Josh D’Amaro

by | Sep 29, 2026 | Business

Disney laying off around 300 employees in latest cuts under new CEO Josh D'Amaro

The Walt Disney Company is proceeding with another round of layoffs affecting roughly 300 employees, primarily within human resources and technology divisions, according to sources familiar with the matter. This marks the continuation of a broader cost-reduction strategy implemented since D’Amaro assumed the chief executive position earlier this year.

The current reductions represent part of an escalating series of workforce cuts at the entertainment conglomerate. In April, the company announced plans to eliminate as many as 1,000 positions while consolidating its enterprise marketing operations. A subsequent round of cuts occurred in July, reducing the workforce by several hundred employees across corporate functions spanning Pixar, ESPN, Disney Entertainment Television, and the company’s studios, with the majority of those terminations concentrated at Pixar and National Geographic.

Disney had previously signaled such workforce reductions in its August earnings documentation, indicating it was exploring multiple cost-reduction strategies. Around that period, the company also initiated early-retirement incentive programs targeting long-tenured executives. The company stated it remained focused on reducing expenses throughout the organization to develop additional resources for growth initiatives.

D’Amaro took over the chief executive role in March, succeeding Bob Iger. He has championed an organizational approach called “One Disney,” designed to enhance coordination among the company’s various business units and consolidate complementary operations. The strategy seeks to create an integrated system leveraging Disney’s intellectual property across film, streaming, theme parks, consumer products, gaming, and sports segments.

The layoffs reflect broader industry pressures facing legacy media enterprises as streaming and digital platforms reshape entertainment consumption patterns. To maintain competitiveness and fund new ventures, Disney has adopted a strategy centered on operational efficiency and divisional restructuring.

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