The Walt Disney Company is eliminating approximately 1,000 positions across multiple divisions as part of a broader effort to streamline operations under newly appointed CEO Josh D'Amaro. The layoffs were announced Tuesday in an internal email to employees, marking one of the first major restructuring moves since D’Amaro assumed leadership.
According to a person familiar with the decision, the job cuts will primarily affect Disney’s marketing division, which was reorganized earlier this year, as well as other areas including its film and television units, ESPN, product and technology teams, and certain corporate functions.
In his message to staff, D’Amaro pointed to the rapidly evolving media landscape as a driving factor behind the decision, emphasizing the need for a more flexible and technology-focused workforce. He indicated that the company is reassessing how it operates in order to remain competitive in a changing entertainment environment.
Disney, like other major Hollywood studios, has been navigating ongoing financial pressures tied to a declining traditional television business, underperforming box office returns, and increasing competition across streaming and digital platforms.
This latest round of layoffs follows a significant cost-cutting initiative announced in 2023, when the company said it would reduce its workforce by 7,000 jobs in an effort to save roughly $5.5 billion.
As of the end of its most recent fiscal year in September, Disney reported a global workforce of approximately 231,000 employees. The current cuts represent a smaller but continued step in the company’s ongoing restructuring strategy as it adapts to industry-wide changes.
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