Disney to eliminate 1,000 positions

The cuts hit marketing group, ESPN’s studio and TV business, products and technology and certain corporate functions

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Published Tue, Apr 14, 2026 · 11:26 PM

Adapting to shifting markets, Disney faces a fading TV sector, lower box office, and rising rivals. PHOTO: REUTERS

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[LOS ANGELES] Walt Disney new chief executive Josh D’Amaro announced layoffs in an email to employees on Tuesday (Apr 14), as he looks to streamline the company’s operations.

The cuts will fall on the marketing group, which was reorganised in January, and other parts of the company, including its studio and television business, at ESPN, products and technology and certain corporate functions, according to a person familiar with the development.

About 1,000 positions will be eliminated, according to the source.

“Given the fast-moving pace of our industries, this requires us to constantly assess how to foster a more agile and technologically-enabled workforce to meet tomorrow’s needs,” D’Amaro wrote in an email seen by Reuters. “As a result, we will be eliminating roles in some parts of the company.”

Like other Hollywood studios, Disney is adjusting to new economic realities, including a declining television business, shrinking box office and heightened competition.

The last significant round of layoffs came in 2023, when Disney said it would cut 7,000 jobs as part of an effort to save US$5.5 billion in costs.

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Josh D'Amaro, chairman of the company’s experiences division, was promoted primarily through the company’s theme-park ranks.

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On Thursday, Disney reported fourth-quarter sales that fell short of Wall Street estimates and disclosed expenses that were set to impact profit in the first quarter of fiscal 2026.

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Disney's US$22.5 billion revenue for the quarter ended Sep 27 was roughly flat compared to the same period last year, sending its stock price down as much as 10 per cent on Wall Street.

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Disney+ is currently the third-largest streaming platform in Asia.

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Disney said it had employed approximately 231,000 people as of September, the end of its fiscal year.

The Wall Street Journal first reported the job cuts. REUTERS

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Walt Disney Co Layoffs

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