Disney is laying off about 300 employees, mostly in human resources and technology, as part of ongoing cost-cutting efforts since Josh D'Amaro became CEO earlier this year. This follows previous rounds of layoffs, including up to 1,000 roles cut in April and additional reductions in July across various divisions like Pixar and National Geographic. The company is focused on reducing labor and administrative costs to free up resources for growth investments. Disney plans to update on progress as it continues to evaluate cost-saving measures.
Disney shares are trading at USD 105.40 on Pluang as of Sep 30, 2026 00:51 WIB, showing a slight 0.28% decline in the past day. The stock's market capitalization stands at $182.32 billion, reflecting its significant size in the media sector. Despite ongoing layoffs, investor interest remains strong with 94% of Pluang orders to buy Disney shares at this time.
Disney has initiated another round of layoffs, cutting a few hundred employees primarily from its technology and human resources departments. This move was led by the new CEO, Josh D’Amaro, and does not affect the company's TV or film divisions. The ...
Disney's legal and government affairs division is set to become significantly smaller as part of a broad restructuring driven by technological changes and cost-cutting efforts. Chief legal officer Horacio Gutierrez warned staff that the department wi...
