Disney plans potential job cuts, seeks savings across divisions

The potential restructuring is occurring as CEO Josh D’Amaro addresses multiple headwinds, including the increasing adoption of artificial intelligence, lower box office returns, increased competition in the streaming market, and a decrease in international attendance at Disney’s theme parks.

While the report did not specify the number of jobs that could be eliminated, Disney had approximately 231,000 employees at the close of fiscal year 2025.

The company has been implementing job cuts to enhance profitability. In September, Disney laid off several hundred employees in its human resources and technology departments. Prior cuts included approximately 1,000 positions in April, several hundred jobs in 2025, and 7,000 roles in 2023, as part of a broader initiative to save $5.5 billion in costs under the direction of former CEO Bob Iger.

D’Amaro intends to allocate a portion of the savings to bolster film and television programming, technology, theme parks, and cruise ship operations.

Disney has not yet responded to a request for comment from Reuters, made outside of regular business hours. Other media companies, such as Netflix and Skydance, which recently acquired Warner Bros. Discovery, have also undertaken job reductions to manage expenses.