Disney Lays Off Hundreds of Employees Across HR and IT Divisions
What Happened
Walt Disney is laying off a few hundred employees across multiple departments, primarily in human resources and IT, as part of its ongoing cost-reduction efforts. The move marks the third major round of layoffs in 2026 under CEO Josh D'Amaro, following earlier job cuts in marketing, studios, ESPN and other corporate functions. Disney has said it is seeking to reduce costs while freeing up resources for growth investments.
Key Takeaways
The layoffs highlight Disney's continued restructuring amid pressure from rising costs, AI-driven transformation, weaker box-office performance, and intense competition in the streaming business.