Disney is cutting about 300 jobs in its latest round under new CEO Josh D’Amaro, with most losses in human resources and technology as the company continues a broader drive to reduce costs. The moves follow prior rounds: up to 1,000 roles in April during enterprise marketing consolidation, and additional hundreds in July across corporate functions, notably at Pixar and National Geographic. The August earnings report signaled ongoing cost reductions and even early-retirement buyouts for longtime executives, framed as freeing capacity to invest in growth. The company emphasizes a multi-lever approach to trimming labor and SG&A while providing future progress updates, signaling this is an ongoing alignment effort. Forward, expect further reductions and structural changes as part of the cost-cutting program.
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Around 300 employees are being laid off in the latest reductions, with the majority in human resources and technology, following CEO Josh D’Amaro’s leadership earlier this year.
In April, Disney planned to eliminate as many as 1,000 roles as part of consolidating the enterprise marketing division, a precursor to broader efficiency efforts.
July saw additional layoffs across corporate functions, affecting units including Pixar, ESPN, Disney Entertainment Television, and various studios, with the bulk concentrated at Pixar and National Geographic.
The August earnings report warned of ongoing cost reductions and mentioned early-retirement buyout packages for longtime executives as part of the strategy.
Disney frames the moves as reducing costs to create incremental capacity for growth, signaling that labor and SG&A reductions are ongoing and will be updated in future disclosures.