Disney layoffs
5, the executives wrote: “We remain highly focused on reducing costs across the enterprise to create incremental capacity to invest for growth and are evaluating a variety of levers, including reductions in labor and SG&A. The latest layoffs follow two earlier rounds of job cuts in 2026. In April, Disney eliminated about 1,000 roles, mainly after D’Amaro created a consolidated enterprise marketing division led by Asad Ayaz, chief marketing and brand officer. Disney had about 231,000 full- and part-time employees as of September 2025.
The company had already announced major job reductions in April and July, followed by early-retirement offers to some longtime executives in August.
The latest cuts are mainly affecting human resources and IT teams across Disney’s corporate operations and different business divisions, according to a source familiar with the move, according to a Variety report. Disney is cutting hundreds of jobs across several departments, marking the third round of layoffs at the company this year under newly appointed CEO Josh D’Amaro. Announcing the job cuts, Disney CEO Josh D’Amaro and CFO Hugh Johnston shared a letter to the shareholders. The layoffs come after Disney warned shareholders in August that it was looking at more ways to reduce costs, including possible cuts to its workforce. Disney’s latest layoffs come after D’Amaro and CFO Hugh Johnston signalled that more cost-cutting measures were being considered. In a letter to shareholders on Aug. They added: “We are mid-stream in this work and will provide future updates on our progress. SG&A refers to selling, general and administrative expenses. In July, Disney cut several hundred more jobs across corporate functions and divisions including Pixar, ESPN, Disney Entertainment Television and Disney’s studios. Most of the studio cuts were at Pixar, while most of the television cuts were at National Geographic. In August, Disney also offered early-retirement buyout packages to longtime executives as part of its cost-cutting efforts. You use AI every day. Now get your AI Quotient. Take the AIQ test.