Walt Disney Co. has announced the layoff of several hundred employees across its film, television, and corporate financial units as part of an ongoing cost-cutting initiative. A spokesperson stated the move aims to streamline operations while preserving Disney’s commitment to innovation and creativity.
The affected departments include marketing, publicity, casting, and development, with efforts made to minimize the number of impacted roles. This latest round of layoffs follows prior workforce reductions, including 200 staff cuts in March 2025 and a broader 7,000-job reduction in 2023 under CEO Bob Iger’s transformation strategy.
Despite these cuts, Disney reported a robust $23.6 billion in revenue for Q2 2025—a 7% year-over-year increase—buoyed by growth in its streaming services and theme park divisions. The layoffs come amid ongoing shifts in the entertainment industry, with traditional broadcasters grappling with declining cable subscriptions and advertising revenue.
As Disney targets an overall cost reduction of $7.5 billion, industry analysts expect further restructuring across media conglomerates in response to evolving consumer behavior and economic challenges.
