Walt Disney Co. has announced another round of layoffs affecting several hundred employees across its film, television, and corporate finance divisions. The move reflects the company’s efforts to streamline its operations and concentrate on more profitable growth areas.
Disney’s latest workforce trimming hits teams worldwide, including film and TV marketing, casting, publicity, and development. This comes as the entertainment giant reshapes itself to better compete in a media world increasingly dominated by streaming and digital platforms.
A Broad Sweep Through Key Divisions
The job cuts span a variety of departments. Film and TV marketing staff, publicity teams, casting professionals, and development personnel around the globe have been impacted. Disney’s decision is part of a larger push to reallocate resources and tighten operational efficiency.
The company is shifting its focus toward segments showing stronger growth, like streaming services and theme parks. This means some legacy roles, especially in traditional cable and broadcast areas, are being pared back. It’s a tough pill for many affected workers but a strategic necessity for Disney to stay nimble.
These layoffs aren’t the first this year. Earlier in 2025, Disney let go of fewer than 200 employees from ABC News Group and Disney Entertainment Networks, trimming about 6% of the division’s staff. It’s clear that the company is continuing to reevaluate its footprint, pruning where necessary to strengthen core business units.
Facing Industry Shifts and Fierce Competition
Disney’s restructuring echoes similar moves across the entertainment industry. Traditional cable TV viewership has been declining sharply for years, with streaming platforms gobbling up audiences hungry for on-demand content. That shift has forced long-established firms like Disney to rethink their business models fast.
It’s no secret that the battle for streaming dominance is brutal. Netflix, Amazon Prime, Apple TV+, and others all compete fiercely for subscribers. Disney+ has held its own, showing promising growth, but it’s still a challenging market to navigate.
Meanwhile, legacy divisions tied to cable or slower-growing areas often face cutbacks. This round of layoffs highlights how even giants like Disney can’t avoid making difficult decisions to stay relevant.
Financial Performance Tells a Mixed Story
Interestingly, despite these internal upheavals, Disney has recently posted solid financial results. Its earnings report in May 2025 surpassed Wall Street expectations, driven largely by Disney+’s subscriber growth and the resilience of its theme parks.
These strong numbers gave investors a boost. Disney shares climbed roughly 21% in recent weeks, signaling renewed confidence in the company’s direction. But news of the layoffs hit a nerve — on the day the cuts were announced, Disney stock slipped 0.3% to trade near $112.62.
It’s a reminder that even positive financials don’t fully shield a company from the tough realities of industry disruption. Disney’s management appears focused on long-term sustainability, even if that means short-term workforce reductions.
A Look Back at Disney’s Workforce Reductions
To put this in perspective, Disney’s restructuring is part of a broader trend. Back in 2023, under CEO Bob Iger’s leadership, Disney slashed about 7,000 jobs globally, aiming to save $5.5 billion in costs. That massive overhaul was a clear signal that the company was willing to cut deep to rebalance its sprawling empire.
Year | Number of Jobs Cut | Cost Savings Target | Major Affected Divisions |
---|---|---|---|
2023 | 7,000 | $5.5 billion | Various, including parks & studios |
Early 2025 | ~200 | Not disclosed | ABC News Group & Entertainment Networks |
Mid 2025 | Several hundred | Part of ongoing streamlining | Film, TV, finance teams worldwide |
These layoffs are a continuation of that strategy. Disney is clearly committed to shifting investments into areas with stronger potential while trimming less profitable sectors.
What Lies Ahead for Disney and Its Workforce?
It’s hard not to feel for the employees caught up in these cuts. Job losses are always painful, especially in creative industries where projects depend on tight collaboration and deep expertise.
But for Disney, the goal is survival and growth in a media landscape that just doesn’t wait around. With streaming wars intensifying and audiences evolving rapidly, the company must make tough calls to protect its future.
Still, Disney’s recent earnings suggest that the focus on streaming and parks is paying off, at least for now. Whether this strategy will fully offset the challenges in traditional areas remains to be seen.
The next few quarters will be critical. Investors, employees, and fans alike will be watching closely to see if Disney can keep reinventing itself without losing its magic.