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Disney Cuts 1,000 Jobs to Streamline Operations and Efficiency

4/15/2026

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Story summary
  • The Walt Disney Company has cut 1,000 jobs across divisions, including ESPN and marketing, as part of a restructuring.
  • Josh D’Amaro, CEO of The Walt Disney Company, says the layoffs streamline operations and build an agile workforce.
  • The reductions follow 8,000 layoffs under former CEO Bob Iger, who criticized subpar content.
  • The company will support affected employees during this transition.
  • It is consolidating its marketing divisions to improve efficiency.