Disney is preparing a new round of reductions involving several thousand roles, CNBC reported Tuesday, citing people familiar with the plans, adding to job cuts planned earlier this year.
Some managers were asked to identify cost reductions of as much as 20%, the people told CNBC. The outlet credited Bloomberg with first reporting the latest round.
The report follows EconoTimes’ earlier coverage of Disney’s cost review and possible cuts. That coverage noted Disney had not announced a new layoff total and described the 20% request as applying to some managers, not the company as a whole.
Disney planned to cut as many as 1,000 positions in April, mainly in marketing, and about 300 in September, with many roles in human resources and technology, CNBC reported.
In an Aug. 5 shareholder letter, Chief Executive Officer Josh D’Amaro and Chief Financial Officer Hugh Johnston described a broad cost review aimed at making room for investment in growth. Chief People Officer Sonia Coleman separately told employees Aug. 24 that reductions affecting some teams had begun and were expected to extend into 2027.
Disney’s annual report counted about 231,000 employees when its fiscal 2025 year ended in September 2025. The company is scheduled to report fiscal fourth-quarter results Nov. 17.
