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Disney Cuts Roughly 300 Jobs in Latest Round Under Josh D'Amaro

Disney is laying off about 300 employees, CNBC reports, the latest in a series of cuts under new CEO Josh D'Amaro and a signal of continued cost discipline at the media giant.

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

The Walt Disney Company is laying off approximately 300 employees, CNBC reported, marking the latest round of job cuts since Josh D'Amaro took over as chief executive.

The number is small relative to Disney's total workforce, which stood at well over 200,000 people in recent company disclosures. But it continues a pattern. Since D'Amaro assumed the top job, the company has repeatedly trimmed headcount rather than executing a single large restructuring, and this week's reduction fits that cadence.

CNBC did not specify which divisions the roughly 300 affected roles sit in, nor whether the cuts concentrate in corporate functions, creative teams, or technology. That gap matters for anyone reading the news through a career lens. A layoff of 300 spread across a global conglomerate has a very different labor-market signal than 300 positions eliminated from a single business unit.

What the national picture shows

Entertainment and media companies have been among the most persistent reducers of white-collar employment over the past two years. Disney itself has gone through multiple waves of cuts since 2023, when it eliminated 7,000 jobs under the previous leadership as part of a $5.5 billion cost-reduction program. The current round suggests the discipline on spending has carried into the new CEO's tenure.

For individuals, the practical takeaway is narrow but real. Disney roles in overlapping functions — distribution, marketing operations, back-office support — remain exposed to consolidation risk. Engineers and product staff tied to streaming infrastructure have seen steadier demand, both inside Disney and at rival platforms competing for the same talent pool.

How to read a 300-person cut

A reduction of this size at a company of Disney's scale typically signals targeted efficiency measures rather than distress. Hiring in other parts of the business often continues even as these positions disappear. Candidates interviewing at Disney, or at peers such as Comcast's NBCUniversal and Warner Bros. Discovery, should expect continued selectivity: teams with direct revenue or subscriber attribution are safer bets than roles two steps removed from a product's performance.

The cuts also land in a labor market where media and information-sector unemployment has run slightly above the national average in recent Bureau of Labor Statistics readings. Displaced Disney employees with streaming, data, and audience-analytics skills are finding the fastest re-employment, consistent with hiring patterns at technology and gaming firms that recruit from the same talent base.

What comes next

CNBC's reporting frames this as the newest chapter in an ongoing cost program, not its conclusion. If the cadence holds, further targeted reductions remain possible as D'Amaro settles his leadership team and clarifies which businesses carry his investment priority.

Source: Google News: Layoffs

layoffsdisneymedia-industryentertainment-jobs

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Sophie Lindqvist

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Staff writer covering regulation, policy and their impact on Job market data and labor economics at Path & Pay.

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