Disney Axes 300 Jobs Amid Wider US Media Sector Job Cuts

Disney is cutting around 300 jobs across its operations in a bid to reduce costs and create capacity for investment. The company, led by CEO Josh D'Amaro since March 2026, has been restructuring its workforce as part of a broader effort to manage expenses.

The majority of the roles being eliminated are reportedly from human resources and technology functions. This move follows earlier reductions in marketing and corporate operations at various Disney units, including Pixar, ESPN, and Disney Entertainment Television.

Disney employed 231,000 people at the end of fiscal 2025, with 172,000 based in the US and 59,000 located elsewhere. The company had signaled further workforce reductions in its August earnings report, citing assessments for cost savings and capacity creation.

The job cuts come as Disney continues to reshape its corporate structure while seeking to direct additional investment towards growth. This effort is part of a wider backdrop of job reductions across the US media sector, with 4,908 cuts announced through August this year alone.