The Walt Disney Company is planning to cut up to 1,000 jobs in the coming weeks as part of efforts to reduce costs and improve efficiency. The move comes under its new CEO, Josh D’Amaro, who took charge in March 2026.
The layoffs will affect less than 1% of Disney’s global workforce, which has over 230,000 employees. Most of the job cuts are expected to happen in the company’s marketing teams. Disney has recently combined several marketing functions, leading to some overlapping roles.
Although the layoffs are happening during D’Amaro’s leadership, reports suggest the plan was already in progress before he became CEO. Still, this is one of the first major steps under his leadership as he focuses on making the company more streamlined.
Disney is currently facing several challenges. Its streaming business is growing but is not as profitable as traditional TV. At the same time, the company is dealing with weaker box office performance and strong competition from digital platforms.
To manage these issues, Disney is restructuring its operations and cutting costs. A key part of this plan is to simplify its marketing structure and improve coordination across its film, television, and streaming businesses.
This is not the first time Disney has reduced its workforce. The company has made similar cuts in recent years as it adapts to changes in how people consume entertainment.
Also Read: Canva buys two AI startups in expansion push
