Disney plans another round of layoffs, potentially its biggest in 2026
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Disney plans another round of layoffs in 2026 that could be its biggest yet.
- ✓Executives said they remain focused on reducing costs to invest for growth.
- ✓This marks the fourth round of job cuts this year under CEO Josh D’Amaro, as the company looks to save money across many departments.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Financial Express
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
CEO Josh D’Amaro and CFO Hugh Johnston had warned employees about the string of layoffs this year in advance while announcing the June 2026 quarter results.
“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 [selling, general and administrative expenses],” the top executives wrote in the August 5 letter to Disney shareholders, as quoted by Variety.
4th Disney layoffs in 2026 could be the biggest round
This would mark the fourth round of layoffs in 2026 under Walt Disney Company CEO Josh D’Amaro, who took charge in March and succeeded longtime chief executive Robert A. ‘Bob’ Iger. The Bloomberg report, published shortly after Tuesday midnight UTC, indicated that these cuts could impact thousands of roles, potentially shaping up to be the biggest round of job losses at the company this year.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Financial Express
Read the full, original unfiltered story directly on the publisher's portal.