Disney reportedly considers thousands of job cuts
Business · First reported 3 Nov, 00:20 · Updated 01:04
Disney is considering job cuts as part of a restructuring effort in which some managers were asked to target 20% in annual cost savings. The report did not specify how many jobs could be affected; Disney aims to reinvest some savings in parts of its business.
- Disney is reportedly considering thousands of job cuts and asked some managers to target 20% in annual cost savings.
- The report did not state how many jobs could be affected; Disney employed about 231,000 people at the end of fiscal 2025.
- Disney aims to put some savings toward film and television programming, technology, theme parks, and cruise ship businesses.
Summary written by Lux AI from 2 articles
Key facts
- Reported savings target
- 20% in annual cost savings for some managers.
- Potential job cuts
- Thousands; the report did not specify a total.
- Disney workforce
- About 231,000 employees at the end of fiscal 2025.
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