The Walt Disney Company is eliminating roughly 300 positions as part of its ongoing workforce reductions since Josh D’Amaro assumed the role of chief executive earlier this year. The majority of the cuts will affect human resources and technology departments, according to sources familiar with the matter.
This reduction represents the most recent phase of a broader cost-reduction initiative at Disney. In April, the company announced plans to eliminate as many as 1,000 roles while consolidating its enterprise marketing division. Additional layoffs occurred in July across multiple corporate functions, including divisions such as Pixar, ESPN, Disney Entertainment Television, and the company’s studios, with the heaviest impact felt at Pixar and National Geographic.
Disney signaled in its August earnings report that further workforce adjustments were forthcoming as the company evaluated cost-reduction strategies across the enterprise. The company stated it was pursuing multiple approaches to reduce expenses, including labor reductions and decreases in selling, general, and administrative costs. Around the same period, Disney began offering early-retirement buyout packages to senior executives as part of its broader restructuring effort.
D’Amaro, who became chief executive in March after replacing longtime leader Bob Iger, has implemented a strategic framework called “One Disney” designed to increase coordination among the company’s various business units and leverage compatible operations. The approach seeks to create an integrated system connecting Disney’s intellectual property across its film, streaming, theme park, merchandise, gaming, and sports operations.
The cuts reflect broader challenges facing legacy media organizations as streaming and digital platforms reshape entertainment consumption patterns. Disney and its industry counterparts are streamlining operations and reallocating resources to develop new growth opportunities in the evolving media landscape.
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