Disney expected to lay off thousands of staffers in new round of cuts

FinanceInternationalVarietyNov 2, 2026, 11:29 PMAI summary

Disney is preparing a new round of layoffs affecting thousands of employees, according to Bloomberg News. Some managers were told to cut expenses by 20% on an annualized basis. It would be the fourth round of job cuts in 2026 under CEO Josh D'Amaro and the one affecting the most staffers. D'Amaro aims to reinvest part of the savings in film and TV programming, technology and the theme parks and cruise ship businesses. Disney declined to comment.

In 40 seconds

Bloomberg reports some managers must cut expenses by 20% on an annualized basis.
It would be the fourth round of layoffs in 2026 under CEO Josh D'Amaro and the largest by number of staff affected.
D'Amaro plans to reinvest part of the savings in film and TV, technology, theme parks and cruises.

Read the full story at Variety

IASummary generated by artificial intelligence from a story by Variety. It may contain errors: the original source prevails.

Disney
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recorte de costos
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Disney expected to lay off thousands of staffers in new round of cuts

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

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