Disney Prepares for Major TV Business Overhaul Amid Staff Reductions
The Walt Disney Company is preparing to overhaul its television business through internal restructuring, which may result in hundreds of layoffs and mergers across separate creative divisions. The plan, reported by The Wall Street Journal, follows a series of workforce reductions initiated under former CEO Bob Iger during his second term.
Disney's current CEO, Josh D'Amaro, has been pushing the company to operate as a cohesive digital entertainment system rather than a collection of separate cable entities. This strategy has brought significant leadership moves, including the appointment of Adam Smith as chairman of streaming and Karandeep Anand as chief technology officer.
The planned television reorganisation aims to align production teams around modern streaming viewership patterns, rather than preserving traditional broadcast structures established decades ago. Disney's senior leadership is shaping the details of the restructuring, which may not be completed until the end of the year.