Disney Cuts Up to 1000 Jobs, Merges Marketing Teams
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Disney to Cut Up to 1,000 Jobs, Focusing on Marketing and Streaming Integration
Disney is planning to lay off up to 1,000 employees, primarily from the marketing team, as part of a cost-cutting measure. These cuts were already planned before new CEO Josh D’Amaro took over, but he has not yet revealed his full overhaul plans. The company had 231,000 employees at the end of fiscal year 2025, with entertainment, ESPN, and corporate ops taking the biggest hits. Since Bob Iger returned as CEO in 2022, over 8,000 workers have been let go, including hundreds this year in TV, film, publicity, and finance. The new chief marketing officer, Asad Ayaz, is merging marketing into one unit and combining Disney+ and Hulu teams to streamline operations and stay competitive in the streaming market.
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