Disney expected to cut thousands in 2026's largest layoff round yet
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Bloomberg, citing anonymous sources, says Disney is preparing a large layoff wave, the fourth in 2026 under CEO Josh D'Amaro and the biggest by staff numbers this year. Some managers were told to cut annualized expenses by 20%; some operations would be hit disproportionately. D'Amaro would reinvest part of the savings in film and TV, technology, theme parks and cruises. Earlier cuts included hundreds in HR and IT in late September, several hundred in July across Pixar, ESPN and studios, and about 1,000 in April.
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