Disney Announces More Layoffs! Hundreds of Jobs Cut Worldwide!

2025-06-03 18:00:46.858

The Walt Disney Co. is conducting further layoffs, impacting hundreds of employees globally. The cuts affect several divisions, including television and film marketing, TV publicity, casting and development, and corporate financial operations. While no entire teams are being eliminated, this action follows a previously announced plan to cut 7,000 jobs and save $5.5 billion. Despite recent strong financial results, including successful box office hits and increased streaming subscriptions, Disney cites the need to adapt to industry changes and improve efficiency. The exact number of job losses remains undisclosed, but the company maintains that these actions are part of an ongoing effort to manage its businesses effectively.