New CEO Josh Announces 1,000 Jobs Cut 'Disney Layoff'
Wed 15 Apr 2026, 11:01:28
The layoffs crisis has massively hit The Walt Disney Co. New CEO Josh D'Amaro, only a month into the job, has informed staff of the cuts in a memo, as per The Hollywood Reporter. Around 1,000 jobs are expected to be eliminated.
The company is expected to make job cuts across several divisions, including the unified marketing organisation led by Asad Ayaz (announced by Disney in January), as well as its studios, TV
businesses, ESPN, product and technology, and some corporate functions.
businesses, ESPN, product and technology, and some corporate functions.
The unified marketing structure brought all of Disney's sprawling marketing apparatus, from films, TV and ESPN to streaming and theme parks, into one group.
The company is said to be shifting more resources to other strategic priorities, especially given the rapid changes facing the entertainment business.
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