Disney continues to cut heads: The media company is laying off a few hundred employees across multiple departments, Variety has confirmed.
\n\nThe layoffs, the third round this year under recently appointed CEO Josh D’Amaro, are primarily in Disney’s human resources and IT departments across corporate and within different divisions, according to a source familiar with the cuts.
\n\nIn announcing results for the June 2026 quarter, D’Amaro and CFO Hugh Johnston indicated that more job cutbacks were coming. “We remain highly focused on reducing costs across the enterprise to create incremental capacity to invest for growth and are evaluating a variety of levers, including reductions in labor and SG&A,” the latter referring to selling, general and administrative expenses, the execs wrote in the Aug. 5 letter to Disney shareholders. “We are mid-stream in this work and will provide future updates on our progress.”
\n\nThe latest waves of layoffs come after Disney in April eliminated about 1,000 roles, primarily as a result of D’Amaro’s formation of a consolidated enterprise marketing division under the leadership of Asad Ayaz, chief marketing and brand officer. In July, it made further job cuts, Disney eliminating several hundred jobs across certain corporate functions, including at Pixar, ESPN…
Original source: https://variety.com/