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Disney cuts 1,000 jobs including a dozen layoffs at ABC News amid restructuring.

Market News
14 Apr 2026
New York Post
View Source
Bearish
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Disney is cutting about 1,000 jobs across its divisions, including roughly a dozen layoffs at ABC News, as part of a company-wide effort to streamline operations under new CEO Josh D’Amaro. The cuts affect Disney’s marketing, studios, TV businesses, ESPN, technology, and corporate functions. This move aims to create a more agile and tech-enabled workforce to adapt to the fast-changing media landscape. The restructuring follows leadership changes and recent controversies, including pulling "The Bachelorette" season and ending a partnership with OpenAI, which have added pressure on Disney's entertainment divisions.

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