Disney Cuts Hundreds More Jobs Amid Ongoing Cost Reduction Efforts

The Walt Disney Company has announced its third round of layoffs this year, cutting hundreds of jobs across various departments. The latest reductions are concentrated in human resources and information technology, affecting employees at the corporate level.

This move comes nearly two months after CEO Josh D'Amaro and Chief Financial Officer Hugh Johnston signaled additional cost reductions during their August update to shareholders. Disney eliminated around 1,000 positions in April as part of a consolidated enterprise marketing organization led by Asad Ayaz.

Another round followed in July, with several hundred cuts across corporate functions and businesses including Pixar, ESPN, Disney Entertainment Television, and film studios. The majority of studio-related cuts affected Pixar, while National Geographic accounted for most of the reductions within Disney's television group.