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Disney has reportedly laid off a few hundred employees across several departments at the entertainment giant.
Citing a source familiar with the matter, Reuters reported that Disney is laying off a few hundred employees in the company’s human resources and technology departments, marking the latest round of workforce reductions following previous reductions earlier in the year.
Variety was first to report the news.
The moves come amid a leadership transition at Disney, from which Josh D’Amaro took over as CEO in March, as the company faces a period of transformation amid the rise of AI, shrinking box office revenues and intense competition from streaming rivals.
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Disney reportedly laid off hundreds of employees. (AaronP/Bauer-Griffin/GC Images)
In April, Disney cut about 1,000 positions in the company’s marketing group, which had been reorganized with some job cuts in January, as well as in other areas of the company, including its studio and television divisions, ESPN, product and technology and some corporate functions.
Disney reportedly laid off several hundred employees in July, including at Pixar, ESPN, Disney Studios and Disney Entertainment Television.
The company also offered voluntary early retirement packages to its long-serving executives in August as part of a restructuring.
The moves come amid a leadership transition at Disney, where Josh D’Amaro took over as CEO in March. (Adam Kissick Conference & Festivals/SXSW via Getty Images)
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Targeted early retirement offers were limited to longtime employees in positions ranging from director to executive vice president at Disney Entertainment, ESPN and corporate divisions. Eligible workers had to have worked at Disney for at least 10 years and be at least 50 years old.
The company’s offer was time-limited and included a severance package, continued vesting of stock awards, healthcare support at active employee rates and continued access to the Silver Pass.
| Teleprinter | Security | Last | Change | Change % |
|---|---|---|---|---|
| SAY | THE WALT DISNEY Company. | 105.41 | -0.18 | -0.17% |
Disney employed approximately 231,000 people at the end of fiscal 2025, including approximately 172,000 in the United States and 59,000 overseas.
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It previously cut 7,000 jobs in 2023 as part of an effort to save $5.5 billion in costs under former CEO Bob Iger.
FOX Business has reached out to Disney for comment.
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Reuters contributed to this report.
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