5 publishers · first seen Tue, 03 Nov 2026 10:20 UTC · updated Wed, 04 Nov 2026 16:44 UTC
Disney is planning thousands of job cuts and has asked some managers to target cost savings of 20%, according to multiple reports. CEO Josh D'Amaro aims to reinvest part of the savings in film and TV, technology, parks and cruises. Disney has about 231,000 employees at the end of its 2025 fiscal year. The company has been cutting jobs in recent years to improve profitability, including about 1,000 in April and several hundred in September.
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