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Disney Cuts About 300 Jobs as New CEO D'Amaro Trims Payroll

Disney is laying off around 300 employees in the latest round of cuts under new CEO Josh D'Amaro, continuing the company's multi-year cost-reduction and restructuring push.

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Disney laying off around 300 employees in latest cuts under new CEO Josh D'Amaro - cnbc.com
Disney laying off around 300 employees in latest cuts under new CEO Josh D'Amaro - cnbc.com — AI-generated

Walt Disney Company is laying off approximately 300 employees, marking the latest round of job cuts under new CEO Josh D'Amaro, CNBC reported.

The reduction adds to a series of workforce actions Disney has taken in recent years as the entertainment giant has worked to control costs across its divisions. D'Amaro, who recently stepped into the chief executive role, is continuing a restructuring agenda that has already reshaped staffing levels throughout the company.

What does the cut mean for Disney's headcount?

Roughly 300 positions are affected in this round. While that figure represents a small fraction of Disney's total workforce, it signals that cost discipline remains a priority for the new leadership. For employees in affected divisions — particularly corporate and operational roles that have absorbed prior cuts — the message is that workforce reductions have not ended with the CEO transition.

For job seekers watching Disney as a prospective employer, the practical takeaway is straightforward: hiring appetite is likely to remain selective while the company manages expenses. Candidates with skills tied to revenue-generating or strategic priorities stand a better position than those in roles vulnerable to consolidation.

How does this fit the broader pattern?

Disney has executed multiple rounds of layoffs over the past several years, including thousands of positions eliminated in earlier phases of its cost-reduction program. This latest cut of about 300 employees shows the same strategy continuing under D'Amaro, who took over as chief executive after Bob Iger's tenure.

The pattern mirrors moves across the media and entertainment sector, where major companies have repeatedly trimmed payrolls as streaming economics pressure traditional business models. Workers in this industry should expect continued volatility: media employment has swung with each strategic pivot, from streaming expansion to subsequent retrenchment.

What should affected employees do now?

Workers impacted by media-industry layoffs typically re-enter a job market where demand is uneven — strong in production and technology-adjacent roles, weaker in legacy corporate functions. Severance terms and reassignment options, where offered, can buy time for a targeted search.

The reported figure of about 300 is an approximation based on current reporting, and headcount figures in corporate restructuring are often revised as cuts are finalized across business units.

With D'Amaro newly at the helm and further efficiency measures widely anticipated across the sector, additional staffing decisions at Disney are likely to remain under close watch in the coming quarters.

Source: Google News: Layoffs

disneylayoffsmedia-industryrestructuringentertainment-sector

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Priya Raman

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Market editor covering people, launches and day-to-day practice in Job market data and labor economics at Path & Pay.

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