Disney Slashes Jobs In Film, TV, And Finance Units

The Walt Disney Company, a multinational mass media and entertainment conglomerate, has reportedly laid off hundreds of employees across its film, television and corporate finance divisions. A Disney spokesperson has confirmed the action to various news outlets. The California-based giant has a workforce of 233,000, with over 60,000 employees located outside the US.

While no teams are being dissolved, the ongoing reformation reflects Disney's cost-control strategy amid shifting media priorities. The layoffs come as Disney, along with other visual media companies, continues to reform its television and podcasting strategies with the growing dominance of online streaming platforms. The shift has affected various Disney television operations and has led to the departure of several lower-level development executives. This marks the fourth and largest round of job cuts of employees in the past 10 months. Upon his 2023 return, Disney CEO Bob Iger announced a plan to cut 7,000 jobs as part of a "strategic realignment" for the company.

In response to the declining ratings, reduced ad revenue, and rising operating costs, Disney has carried out several rounds of workforce reduction. In 2023, the company eliminated 7000 roles in a bid to save $ 5.5 billion in costs. More recently, in March 2025, Disney laid off approximately 6% of employees from their ABC News Group and Disney Entertainment Network units.