Disney layoffs 2026 : Due to huge investment in AI and reduction in profits, many companies are adopting the path of cost cutting. Walt Disney is preparing to cut up to 1,000 jobs in the coming weeks. According to reports, many of these jobs will be reduced in the company’s marketing department. This news has been given in a report of Wall Street Journal quoting sources. Plans for the job cuts were said to have begun before Josh D’Amaro took over his new role as Disney chief executive officer in March.
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Disney has been surrounded by the problem of rising costs and low profits for the last few years. Although Josh D’Amaro has recently become CEO, there are reports that this layoff was planned even before he became CEO. The company believes that expenses will be reduced in those departments where profits are continuously decreasing. This retrenchment will be done in a planned manner. This may affect less than 1 percent of the total employees of the company.
This news has created an atmosphere of uncertainty among Disney employees. Experts say that this step of a big company like Disney may force other media and tech companies to take tough cost cutting decisions.
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