Disney is laying off several hundred employees globally as part of cost-cutting measures.
The affected staff members are individuals who work in marketing for both films and television, publicity, casting, development, and corporate financial operations. A reliable source has verified this information to The Hollywood Reporter. Although some employees from these teams have been affected and were informed on Monday, no entire team is being dismantled, the source clarified.
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The impacted personnel are marketing staff who work in both film and television production, publicity, casting, development, and corporate financial operations. According to a reliable source, The Hollywood Reporter has been informed that while certain employees from these teams have been affected, no entire team is being shut down; they were notified on Monday instead.
In March, Disney eliminated approximately 200 positions from ABC News and their Disney Entertainment Networks division, primarily due to the financial challenges in the linear TV sector. This reduction accounted for roughly 6% of their division’s total workforce.
Disney is continuing with its cost-saving strategies, as previously announced in September, to concentrate more on streaming services and boost profitability. This global company, headquartered in Burbank, employs about 233,000 people worldwide, including around 171,000 in the United States, according to their latest annual report.
A representative for the company mentioned in September that we’re always looking for opportunities to invest wisely in our businesses, improve resource management, and reduce costs. This is so we can maintain our cutting-edge creativity and innovation, which consumers appreciate and anticipate from Disney. As part of this ongoing effort, we’ve been examining how we can make our corporate functions run more efficiently.
In 2023, when he came back, Disney’s CEO, Bob Iger, announced a plan to reduce the workforce by approximately 7,000 people as part of a broader reorganization strategy for the company. This restructuring was implemented in several stages over a period of months, resulting in job losses across various departments.
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2025-06-02 20:24