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Disney Layoffs Cut Across TV, Film, Corporate Finance Affecting Hundreds of Employees

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Disney is laying off several hundred employees globally across multiple teams.
Disney is set to undergo significant layoffs affecting hundreds of employees across its TV and film finance departments, as part of a broader cost-cutting initiative announced by CEO Bob Iger. The layoffs, expected to begin in early 2025, aim to streamline operations and reduce expenses amid shifting market dynamics and the ongoing transition to streaming services. This move follows Disney's earlier efforts to restructure its business, including the consolidation of its media and entertainment divisions, and comes at a time when the company is facing increased competition and financial pressures in the entertainment industry.

Read the Full Variety Article at:
[ https://variety.com/2025/tv/news/disney-mass-layoffs-tv-film-finance-departments-1236415786/ ]