Disney Slashes Hundreds More Jobs Amid Cost-Cutting Push

Walt Disney is undergoing another round of layoffs as part of its cost-cutting efforts. The company has let go of several hundred employees in its human resources and technology departments, according to a source familiar with the situation.

This latest move comes after Disney's new CEO, Josh D'Amaro, took over in March. Since then, there have been significant changes in the company's senior management, including the appointment of Paul Roeder as chief communications officer. Roeder has worked at Disney for 25 years.

The layoffs are part of a broader effort to transform the entertainment giant amidst declining box-office receipts and increased competition from streaming services. As of the end of fiscal year 2025, Disney employed approximately 231,000 people worldwide: about 172,000 in the United States and 59,000 outside the country.

This is not the first time Disney has undergone layoffs. In April, the company cut about 1,000 jobs in its marketing division, while last year it let go of several hundred employees in various film and television departments. In 2023, Disney even went as far as cutting 7,000 jobs as part of $5.5 billion in cost-cutting measures initiated by former CEO Bob Iger.