Disney initiates new round of layoffs across film, TV & corporate units
According to media reports, the reductions include roles across both film and TV divisions and have reached lower-level development positions
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Published: Jun 3, 2025 11:54 AM | 1 min read
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The Walt Disney Company has handed out pink slips to hundreds of employees across its film, television, and corporate finance divisions, news agencies have reported.
The job cuts span teams worldwide and are expected to impact key functions like film and television marketing, publicity, casting, and content development. This is Disney’s fourth and largest round of layoffs in the past 10 months.
According to media reports, the reductions include roles across both film and TV divisions and have reached lower-level development positions.
As per the company’s latest financial reports, the Walt Disney Company has reported an equity loss of $300 million in the first two quarters of FY 2025.
For the second quarter ending March 29, 2025, and for the six months of the year, Disney reported a 7% year-over-year increase in total revenues which stood at $23.6 billion in Q2 FY25, up from $22.1 billion in Q2 fiscal 2024.
The company attributed this growth to improvements across several business segments, particularly in its entertainment operations.
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