Disney Announces Major Shake-Up To Affect up to 1,000 Workers
Summary
Disney plans to lay off up to 1,000 employees in the coming weeks. This will be the first job cut since Josh D’Amaro became CEO in March. The layoffs will mainly impact the marketing department.Key Facts
- Disney aims to reduce its workforce by up to 1,000 employees.
- Josh D’Amaro became Disney's CEO in March.
- The layoffs will mostly affect the marketing department.
- Disney employs about 231,000 people worldwide.
- In 2025, Disney reported an annual revenue of $94.4 billion.
- Previous large-scale layoffs occurred in 2023, impacting 7,000 positions.
- The layoffs are part of a restructuring plan started before D’Amaro's tenure.
- Disney is focusing on consolidating its marketing efforts under Project Imagine.
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