Disney plans to lay off thousands of employees to achieve 20% cost savings
Walt Disney is considering cutting thousands of jobs, affecting its theme parks, TV, and movie studio operations. The company has about 231,000 employees worldwide.
- Walt Disney is considering cutting thousands of jobs.
- Disney has directed some managers to target annual cost reductions of 20 percent.
- Disney employed about 231,000 people at the end of fiscal 2025.
- The company had previously cut 7,000 roles in 2023.
Outlets: ABC Color, Business Recorder, Business Standard, China Labour Bulletin, Free Malaysia Today, Meduza.io, The Economic Times, The Japan Times, Times of India (Top)
Written by AI from the outlets' reporting and checked automatically; it can contain mistakes. How Daily Brief works · Privacy