Disney lays off 1,000+ employees under new CEO Josh D’Amaro
Key Questions
How many employees did Disney lay off and in which areas?
Disney laid off over 1,000 employees across TV, film, ESPN, product, tech, Marvel VFX, and marketing. These cuts occurred under new CEO Josh D’Amaro as part of a streamlining push.
What is the context for Disney's recent layoffs?
The layoffs aim to make the company more agile amid shifts to streaming. They extend prior reductions, with a compassionate memo highlighting support for affected employees.
How did the market react to Disney's layoffs?
Disney's stock rose following the announcement. The cuts signal ongoing restructuring for efficiency under new leadership.
Apr cuts across TV/film/ESPN/product/tech/Marvel VFX/marketing for agile/streamlining shift; compassionate memo on support; extends prior RIFs, stock up. Fortune 500 outplacement demand for creative/exec roles—track sev/redeploy/RFPs.
Sources (2)
Updated Apr 15, 2026