Business · Companies · 43 mins ago

Disney cuts 100 to 200 jobs in its Experiences division

Disney cuts 100 to 200 jobs in its Experiences division

Disney laid off between 100 and 200 workers in its Experiences division, which includes theme parks, resorts and cruise lines.

Most of the job cuts were at the Imagineering campus in Glendale, California.

The cuts were described as mostly project-based, as the division adjusts staffing to the needs of its projects.

They follow an early retirement offer to some long-serving senior employees and several rounds of Disney layoffs since Josh D’Amaro became CEO last March.

The division remains a major source of income: its profit rose 20% to more than $3 billion in the most recent earnings report.

The cuts come despite strong recent results for the division, including growth in global park guests and ticket revenue.

Disney has also signaled further changes elsewhere, with restructuring expected at its television and film businesses.

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What people are saying

Sonia ColemanDisney chief people officer
Over the past few years, we’ve made real changes to how we operate, and we’re still in that process,
via TheWrap
we’re focused on meaningfully reducing costs as part of our ongoing transformation, so we can continue to invest in the areas that will drive our future growth: content, technology, and experiences.
via TheWrap