Disney laying off around 300 employees in latest cuts under new CEO Josh D'Amaro
Executive Take
D'Amaro is signaling cost discipline early in his tenure, not a one-time trim. Expect more targeted cuts as Disney keeps testing where it can shrink headcount without hurting output.
Executive Summary
Disney is laying off around 300 employees, the latest round of cuts under new CEO Josh D'Amaro. The company flagged this possibility in its August earnings report, naming layoffs as one lever it was evaluating to cut costs.
Why It Matters
HR leaders should note that Disney previewed this move months ago in earnings calls, a pattern more companies are using to soften layoff announcements. It signals cost pressure is still driving headcount decisions even at large, profitable media firms.
Bizquad Perspective
The real story isn't the 300 jobs, it's that Disney now treats layoffs as a routine lever it announces months in advance like any other budget tool.