Disney Is Laying Off Hundreds of Workers Globally | Entrepreneur
-
For Subscribers
-
Write for Entrepreneur
-
Bookstore
-
Ask an Expert
-
Tips
White Papers
-
Podcasts
-
Video
-
Entrepreneur TV
-
Webinars
-
Entrepreneur Store
-
Spotlight
-
Entrepreneur Authorities
Entrepreneur Authorities
-
Magazine Subscription
-
Edition
By
Erin Davis
Jun 2, 2025
Disney is laying off several hundred workers, according to reports in the Wall Street Journal and Deadline. It’s the fourth and largest batch of cuts from the company in the last 10 months.
Deadline reports that the majority of the cuts are from the company’s corporate financial operations and Disney Entertainment’s various divisions, including film and television marketing, publicity, development, and casting.
Related: Here’s How Much 8 CEOs Made in 2024, From JPMorgan’s Jamie Dimon to Disney’s Bob Iger
The Wall Street Journal notes that entire teams were not being eliminated, but the cuts span divisions globally.
Disney, which is headquartered in Burbank, California, would not disclose the exact number of layoffs this week, according to the Los Angeles Times.
In March, the company cut around 200 jobs, about 6% of the news workforce, mostly affecting the ABC News division in New York.
According to a filing with the SEC, Disney had around 233,000 employees at the end of September 2024. The company has cut more than 8,000 roles since 2023, per Bloomberg.
Disney reported better-than-expected Q2 earnings last month.
Want to be an Entrepreneur Leadership Network contributor?
Apply now to join.
-
Lock
I Revamped a Men’s Product for Women. The Bootstrapped Business Was a Hit — and Pledged $20 Million to Support Women Entrepreneurs.
-
‘I Run My House Like a Military Operation’: Skims Chief Emma Grede Says This Is Her Precise Daily Routine
-
Lock
This Engineer’s Invention Was Better Than Competitors’ – But No One Was Buying It. Here’s How She Pivoted and Grew 300% in One Year.
-
I Had ‘Too Much Experience’ to Find a Job. So I Used Facebook to Start a Small Business That’s Making About $500,000 a Year.
-
Major Regulatory Changes Are Coming to Franchising — Here’s What You Need to Know
-
He Hated Furniture Shopping. So He Built a Business to Do It for Him. Here’s How This Unconventional Founder Is Finding New Customers and Growth.
Business News
‘Every Employee Is on a 4-Day Week’: Here’s How Eliminating a Workday Without Cutting Pay Impacted Hundreds of Businesses
Working one day less per week improved revenue, retention, and employee health, according to a new study.
Business Ideas
70 Small Business Ideas to Start in 2025
We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.
Growing a Business
How to Master the Art of Pivoting and Turn Setbacks Into Strategic Advantages
Here’s how setbacks — whether it’s a product flop, a missed market or internal friction — can become the turning points that drive lasting growth.
Productivity
‘I Had to Go All-in’: Advice From a First-Time Novelist on Writing, Editing and Promoting — And Why He Recorded His Own Audiobook
Filmmaker and author of “THE SPOILS,” Colin Thompson, breaks down the hard work that follows the hard work of writing your first book.
Starting a Business
The ‘Hustle’ He Started Out of His Station Wagon Became a Nationwide Business That’s About to Hit $300 Million: ‘Everything We Do Is Pretty Simple’
Mike Adair, founder and CEO of Red’s All Natural, quit finance to give entrepreneurship a shot.
Leadership
9 Ways Winning Startups Build Inclusive Teams From the Start
Diversity and inclusion are your competitive advantages. Startups that can combine these into their founding DNA are not only more resilient but also more creative and agile.
Leave a comment