Archive · 3 Jun 2025
Disney Announces More Layoffs in Film, TV, and Finance
Disney is cutting jobs again, affecting hundreds of employees in its film, TV, and finance departments globally.
This is part of Disney's plan to adapt to the shift from cable TV to streaming services like Disney+.
The company previously laid off 7,000 employees in 2023 to cut costs.
Disney's recent earnings report showed positive results, especially in its theme parks and the Disney+ streaming service.
This strategic adjustment reflects the changing media landscape.
Disney is laying off hundreds of employees.
The cuts impact film, television, and finance departments worldwide.
Layoffs affect teams including marketing, publicity, and casting.
These actions are part of restructuring due to streaming platform growth.
Disney had previously cut 7,000 jobs in 2023 to save costs.
- Who
- The Walt Disney Company
- What
- Layoffs of several hundred employees.
- When
- Announced on Monday, June 2, 2025
- Where
- Multiple teams around the world
- Why
- To reshape business strategies in response to streaming platforms and save costs.
- Number of Layoffs
- Hundreds
- Affected Departments
- Film, Television, and Finance
- Geographic Impact
- Multiple teams globally
- Reason for Layoffs
- Reshaping business strategies
- Key Streaming Service
- Disney+
- Previous Layoffs
- 7,000 jobs cut in 2023
Sources