Disney plans up to 1,000 more layoffs under new CEO D’Amaro

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Thu, April 9, 2026 astatine 10:20 AM CDT 1 min read

Disney plans up to 1,000 much layoffs nether caller CEO D’Amaro

Walt Disney Co (NYSE:DIS, XETRA:WDP) is preparing to chopped arsenic galore arsenic 1,000 jobs successful the coming weeks, mostly from its selling division, according to The Wall Street Journal, arsenic the institution navigates declining container bureau gross and rising contention from streaming rivals.

The planned simplification is 1 of the archetypal large unit moves nether caller CEO Josh D’Amaro, who took the helm past month.

Sources told WSJ the layoffs were planned earlier D’Amaro assumed leadership.

Disney has already eliminated much than 8,000 positions since 2022, pursuing a wide restructuring initiated nether erstwhile CEO Bob Iger. At the extremity of its 2025 fiscal year, the institution employed 231,000 people, astir 80% of whom enactment successful its experiences division, which includes taxable parks and user products.

Shares of Disney fell 0.9% successful Thursday greeting trading.

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