Disney weighs thousands of layoffs and 20% savings targets
Bloomberg reports Disney is considering thousands of job cuts and has asked some managers to target up to 20% in annual savings.
By GennnAi··1 min read
The number of affected jobs has not been made public. The 20% target applies to certain managers, not the whole workforce, and savings may come from jobs or other expenses. Theme parks, the TV network and the film studio would be hit disproportionately. CEO Josh D'Amaro reportedly plans to redirect part of the savings to content, technology, parks and cruises. Disney already cut about 1,000 roles in April. Disney declined to comment.
Source: Reuters, published on November 3, 2026.