New Disney CEO Josh D'Amaro Begins Tenure With Sweeping 1,000-Employee Layoff Plan

The Walt Disney Company has announced a fresh round of layoffs affecting around 1,000 employees as part of a broader organisational restructuring plan under its new leadership. The decision marks one of the first major workforce changes initiated by newly appointed CEO Josh D’Amaro, who took charge of the company after succeeding Bob Iger.

According to an internal communication sent to employees, D’Amaro informed staff about the difficult decision on Tuesday morning, describing the layoffs as part of a necessary restructuring effort aimed at aligning the company with evolving industry challenges. The job cuts are expected to primarily impact the entertainment giant’s marketing division, although other business units may also be affected.

Reports suggest that the restructuring will extend beyond marketing, with potential impacts on Disney’s studio operations, television divisions, ESPN, product and technology teams, and select corporate functions. While the full breakdown of affected roles has not been officially detailed, the move reflects a wider effort to streamline operations across multiple verticals within the company.

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The layoffs come as Disney continues to navigate a shifting media landscape, where traditional television revenues have declined and streaming profitability remains under pressure. At the same time, the company faces increased competition from digital platforms and tech-driven content providers, including Amazon and YouTube, which have reshaped global entertainment consumption patterns.

Industry reports indicate that Disney has already reduced its workforce significantly in recent years, with more than 8,000 employees laid off since 2022. The latest round of job cuts underscores the ongoing transformation within Hollywood studios as they adapt to changing viewer habits, rising production costs, and evolving revenue models.

The restructuring marks a key early step for CEO Josh D’Amaro, whose leadership will be closely watched as Disney attempts to balance cost-cutting measures with creative output and long-term growth strategies in a highly competitive global entertainment market.

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