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Disney plans thousands of job cuts amid cost-saving efforts across divisions

Market News
03 Nov 2026, 12:36 WIB
Market Watch
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Bearish
Disney plans thousands of job cuts amid cost-saving efforts across divisions

Walt Disney Company is reportedly preparing to lay off thousands of employees following smaller layoffs earlier this year. The cuts are expected across various divisions, including TV networks and its studio, as managers are tasked with finding 20% in annual savings. This move highlights Disney's focus on reducing expenses to improve financial performance. Investors are watching closely to see how these changes will impact the company's future.

As Disney prepares for significant job cuts, investors are closely monitoring its stock performance. On Pluang, Walt Disney Co (DIS) shares trade at USD 112.94, down 0.15% as of Nov 03, 2026, 17:51 WIB. The company holds a market cap of $191.56 billion and offers a dividend yield of 1.35%, with a typical hold time of 201 days among Pluang users.

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