Story perspectives
Disney's Major Layoffs: 4th Wave Hits Hundreds
6/2/2025
50 7
1 of 1
Story summary
- The Walt Disney Company is making significant cuts, laying off hundreds of employees worldwide, mainly in marketing, casting, and finance. This marks the fourth and largest wave of layoffs in just ten months, driven by CEO Bob Iger's $7.5 billion cost-cutting initiative as Disney seeks to navigate the tough landscape of traditional television.
