Disney Hints at More Layoffs as Cost-Cutting Measures Continue
Disney's recent third quarter report for the 2026 fiscal year revealed continued efforts to reduce costs across the company. Despite positive financial numbers, including rising revenue and operating income, the report highlighted ongoing plans to cut expenses through various means.
The report explicitly mentions layoffs as one potential 'lever' to achieve cost reductions, stating that Disney is 'mid-stream' in its cost cutting initiatives. This indicates that significant changes to operations within the company are still on the horizon.
Disney has experienced a wave of layoffs in recent years, with two notable rounds occurring this year alone. The first, in April, targeted Disney's marketing division company-wide, while the second focused on the Entertainment division, which reportedly hit Pixar hard.