Story perspectives

Disney Cuts 2% Staff Amid Streaming Enhancements

6/27/2025

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Summary

Story summary

Disney has laid off a small percentage of staff in its product and technology division, under 2% of the workforce.
This decision is part of a broader resource rebalancing while maintaining investment in the sector.
Recent global layoffs impacted hundreds across various departments as part of cost-cutting measures.
Adam Smith was appointed as the new chief product and technology officer in September.
The company is prioritizing enhancements in streaming features and addressing password-sharing issues.

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Story summary

Disney has laid off a small percentage of staff in its product and technology division, under 2% of the workforce.
This decision is part of a broader resource rebalancing while maintaining investment in the sector.
Recent global layoffs impacted hundreds across various departments as part of cost-cutting measures.
Adam Smith was appointed as the new chief product and technology officer in September.
The company is prioritizing enhancements in streaming features and addressing password-sharing issues.