Disney Plans New Wave of Layoffs Across TV and Film Divisions, Targeting Up to 20% Cost Savings

Deadline · 2026-11-03
Disney Plans New Wave of Layoffs Across TV and Film Divisions, Targeting Up to 20% Cost Savings

Disney is preparing another round of significant layoffs, with thousands of employees expected to be affected across multiple divisions, including television networks and the motion picture studio. Sources indicate that the cuts will vary by department, but the company is aiming for cost savings of up to 20% in some areas. This move comes as Disney, led by CEO Bob Iger, continues to streamline operations and reduce expenses in a challenging media landscape. The layoffs are part of a broader effort to improve profitability and adapt to shifting consumer habits, particularly the transition from traditional TV to streaming. Managers are reportedly in the process of identifying roles to eliminate, with announcements expected in the coming weeks. The cuts follow previous workforce reductions and reflect ongoing pressure on legacy media companies to control costs while investing heavily in direct-to-consumer platforms. For employees and investors alike, the news signals that Disney remains focused on efficiency, even as it navigates creative and competitive challenges. The exact number of jobs at risk has not been disclosed, but the scale suggests a company-wide realignment rather than isolated adjustments. As Disney reshapes its corporate structure, the entertainment industry will be watching closely to see how these changes affect its content pipeline and long-term strategy.