Disney to lay off several hundred employees across divisions, Variety reports
Walt Disney is laying off a few hundred employees across multiple divisions, including human resources and IT, Variety reported on Tuesday citing a source. Disney employed about 231,000 people as of fiscal year-end 2025.
(Adds details in paragraphs 2-8) Sept 29 (Reuters) — Walt Disney is laying off a few hundred employees across multiple divisions, including human resources and IT departments, Variety reported on Tuesday, citing a source familiar with the matter. Disney has seen several C-suite changes since Josh D'Amaro took charge as CEO in March, including the appointment of 25-year company veteran Paul Roeder as chief communications officer. D'Amaro took the helm at the entertainment major through a transformational period shaped by artificial intelligence, declining box office revenue and intensifying competition from streaming rivals.
Disney did not immediately respond to a Reuters request for comment. The company employed about 231,000 people as of fiscal year-end 2025, of which about 172,000 were employed in the US and 59,000 were employed outside the country. Disney in April eliminated about 1,000 positions across the marketing group, which was reorganized in January, and other parts of the company, including its studio and television business, ESPN, products and technology and certain corporate functions. 5 billion in costs under former CEO Bob Iger.
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