Walt Disney Company bet the farm on “modern audiences,” which has caused its prestige and revenue to plummet. Having already cut jobs because of this contraction, Disney has announced hundreds more job cuts effective immediately. This is the third round of cuts since CEO Josh D’Amaro took over the ailing media corporation.
Disney Announces New Round of Layoffs, Cuts Hundreds of Jobs › American Greatness– amgreatness.com
News Source
EXCERPT:
The Walt Disney Company has initiated a new round of layoffs, cutting approximately 300 employees primarily in the company’s human resources and technology departments.
The New York Post reports new Disney CEO Josh D’Amaro reportedly kicked off a new round of layoffs on Tuesday and that the Walt Disney Company’s TV division and motion picture studio are not affected by the current staff reductions.
MORE DISNEY LAYOFFS?
Would be third round under the new CEO.
Read his full memo to staff after a strong quarter.
The last time Disney said “groundwork for growth,” it cut jobs in April.
Much deeper cuts expected. pic.twitter.com/usmmjrkH0V
— LayoffHedge (@LayoffAI) September 29, 2026
The cuts are part of a continuous effort to streamline operations and reduce enterprise expenses and are specifically focused on corporate infrastructure and tech roles.