Disney lays off more employees, as it rebalances teams in ...
The
Walt Disney company
has started another round of layoffs. As part of the fresh round of layoffs the company is firing hundreds of employees globally. The company announced that the layoffs are part of the ongoing
strategic restructuring
which is aimed at streamlining operations and pivot towards high-growth areas particularly streaming. The latest wave of
job cuts
has affected various departments including film and television marketing, TV publicity, casting, development and corporate finance functions.
As reported by Business Insider, the latest round of layoffs is part of the company's broader
cost-cutting initiative
headed by Disney CEO
Bob Iger
. Disney has decided on a target of saving $7.5 billion in expenses and these layoffs are part of the same plan. Till now the company has fired around 7000 employees. The report also highlights that the layoffs were focused on rebalancing resources and the company is also planning to hire people in product and technology.
The report also suggests that the company has fired employees from different teams and has not eliminated a complete team. This means that Disney is working on a more surgical approach to rebalancing talent and resources. Affected employees were reportedly informed of the decision recently.
This fresh round of layoffs follows the earlier job cuts in March 2025, when Disney reduced nearly 200 roles at ABC News and its Entertainment Networks division.
by Taboola
by Taboola
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Disney fired hundreds of employees
Earlier this month, Disney fired hundreds of employees from various departments. As reported by BBC, the professionals in the film, television and finance departments are impacted in this fresh round of layoffs. This latest move marks a continuation of the company's broader restructuring efforts aimed at streamlining operations and achieving cost efficiencies.
"As our industry transforms at a rapid pace, we continue to evaluate ways to efficiently manage our businesses while fuelling the state-of-the-art creativity and innovation that consumers value and expect from Disney," a Disney spokesperson told the BBC.
"We have been surgical in our approach to minimise the number of impacted employees," added the spokesperson.
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