Disney plans to cut up to 1,000 jobs in 2026 under new CEO Josh D'Amaro, who took the helm following Bob Iger's departure. The cuts represent a broad restructuring as the company streamlines operations and realigns priorities under its new leadership team.
The reduction touches multiple divisions across Disney's sprawling entertainment empire. D'Amaro, previously president of Disney Parks, Experiences and Products, is reshaping the organizational structure as the company looks to reduce costs and sharpen its strategic focus following years of heavy spending on streaming growth and content.
Disney's workforce of approximately 220,000 makes this reduction just under 0.5% of total headcount, but the move signals a clear intent to run leaner operations going forward. The layoffs are part of a wider pattern of cost discipline in the entertainment and media industry, where studios and streaming platforms are pulling back from expansion-era hiring.