Disney to cut thousands of jobs in largest layoff round this year
The entertainment company plans significant staff reductions as part of cost-cutting measures under CEO leadership.
At a glance
- Disney plans layoffs affecting the largest number of staff in 2026
- Some managers told to reduce annualized expenses by 20 percent
- This is the fourth round of cuts under current CEO this year
Disney is preparing a major round of layoffs affecting more employees than any previous reduction in 2026, according to Bloomberg News. Some managers have been instructed to cut annualized expenses by 20 percent.
This would mark the fourth round of job cuts at the company this year under CEO Josh D'Amaro.
Why it matters
The layoffs reflect ongoing cost pressures in the entertainment industry and Disney's efforts to improve financial performance.
Original reporting
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