Disney is set to restructure its television operations, consolidating divisions and cutting hundreds of jobs as part of a broader reorganization under CEO Josh D’Amaro. The changes aim to better align the TV business with streaming customer needs rather than traditional TV brands. Layoffs have already affected marketing, Pixar, ABC News, ESPN, HR, IT, legal, and global affairs units. Key executives and divisions including ABC News and Hulu Originals may see further impacts as the company centralizes its TV operations to operate more efficiently.
Walt Disney Co shares are trading at USD 101.44 on Pluang as of Oct 02, 2026 03:42 WIB, down 3.31% in the last day. The company’s market cap stands at $181.13 billion with a dividend yield of 1.43%. This price movement comes as Disney announces plans for hundreds of job cuts and a major restructuring under CEO Josh D’Amaro to better align its TV operations with streaming demand.
Disney is laying off several hundred employees across its human resources and technology departments, following earlier cuts this year. These layoffs come as the company undergoes a leadership transition with CEO Josh D'Amaro taking charge in March, ...
Bank of America maintained its 'buy' rating and $125 price target for Walt Disney Co, keeping 2027 revenue and earnings forecasts steady at $105 billion and $7.52 per share. The bank raised operating income estimates slightly, citing strong global th...
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 A...
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 ...
