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Disney Layoffs: Hundreds of Jobs Cut Globally

Disney Layoffs: Hundreds of Jobs Cut Globally

June 2, 2025 Catherine Williams - Chief Editor Business

Disney is making important⁣ cuts, with hundreds of jobs being​ eliminated globally, primarily affecting corporate financial operations and⁣ Disney Entertainment divisions. This ​marks the ​fourth round of layoffs in just ten ⁣months as⁣ the company restructures to boost financial‌ performance—a decisive move reflecting the challenging economic⁤ landscape.⁤ The⁣ recent cuts span various divisions, with locations across the globe ⁢affected, demonstrating a wide-ranging impact. These adjustments‍ follow prior reductions, including those at ABC news. News ⁢Directory 3 reports ​on these significant developments. The entertainment giant’s move to streamline ‌comes after better-than-expected Q2 figures. Delving into the long-term ‌is crucial; ​discover what’s next for the company’s streaming ‍ventures and overall strategies.

Key Points

  • Disney is​ conducting a new round of layoffs.
  • Cuts primarily ​affect ‍corporate financial operations.
  • Entertainment divisions also impacted.
  • This is the ‌fourth​ round of cuts in 10 months.

Disney Layoffs Hit Corporate ​and ​Entertainment Divisions

‌ Updated june⁤ 02, 2025

Disney is reducing its ‌workforce, with hundreds of employees facing‌ layoffs, according to multiple reports. This‍ marks the fourth and largest set of⁢ job cuts ⁤within the last⁣ 10 months as the company continues its⁣ efforts to streamline operations and ⁤improve its financial performance.The Disney layoffs⁢ are part ​of ⁣a⁣ broader restructuring effort.

The majority⁤ of‌ the​ reductions are concentrated in corporate financial ⁣operations and various divisions within Disney Entertainment.These include film and television marketing, publicity,⁢ advancement, and casting, according⁢ to Deadline.

While entire‍ teams⁣ are not being eliminated,⁤ the cuts are impacting divisions across the globe, the Wall‍ Street Journal reported. Disney, headquartered ​in Burbank, Calif., declined to specify the exact number of employees affected this week, according to the Los Angeles Times.

In March,⁤ Disney‌ eliminated ‍approximately ​200 positions, representing about⁤ 6% of its news workforce. These earlier cuts primarily affected the ABC News division‌ in New York.

as⁢ of September 2024, Disney employed around 233,000 people, according to an SEC filing. As 2023, the company has cut more than 8,000 roles, Bloomberg reported.

Last ‍month, Disney‍ reported better-than-expected Q2 earnings.

What’s next

Disney is expected⁤ to continue its focus on ‍streaming profitability and efficiency across its⁢ various business segments. Further details regarding the long-term‍ impact of these layoffs are anticipated in upcoming‌ financial‌ reports and investor briefings.

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