Disney Cuts Several Hundred Jobs in Film, TV, and Finance Push

BURBANK, Calif. — The Walt Disney Company is cutting several hundred jobs across its film, television, and corporate finance divisions, according to a report from Reuters. The cuts began this week as the entertainment giant continues to trim costs and move resources away from traditional TV networks toward its streaming business.

Key Facts

• The Numbers: “Several hundred” employees are impacted globally.
• The Targets: Cuts are hitting corporate finance, legal, and HR, as well as creative production teams in casting, marketing, and publicity.
• The Trend: This marks another round of reductions following the 7,000 jobs cut earlier in the company’s aggressive cost-saving plan.
• Source: Reuters, Deadline

Where the Cuts Are Hitting

The layoffs are sweeping through both the creative and corporate sides of the House of Mouse. On the corporate end, finance and legal teams are seeing reductions as Disney tries to fix its overhead costs. On the entertainment side, the cuts are digging into specific operational roles. Reports indicate that marketing, publicity, and casting departments within the film and television divisions are taking the hardest hit.

These moves are not about a single bad quarter. Instead, they are part of a long-term plan to make the company leaner. CEO Bob Iger has been clear about the need to reduce spending on traditional linear TV—like cable networks—which is losing viewers to streaming services like Disney+ and Hulu.

Streaming First, Legacy Second

Disney is shifting its weight entirely to streaming. While the company’s theme parks and streaming services are growing, the old-school TV business is shrinking. By cutting staff in these legacy areas, Disney is freeing up money to invest in digital platforms. This “streaming-first” strategy means fewer people are needed to run the older parts of the business.

For employees in Burbank and New York, the message is tough but clear: if your job supports traditional cable or redundant corporate functions, it is at risk. The company is combining teams to do more with less.

What Comes Next

This latest round adds to a heavy toll of job losses at Disney over the last two years. While the company has not confirmed if more cuts are coming this year, the focus on “efficiency” suggests the belt-tightening isn’t over. Investors have pushed for these changes to boost profit margins, but for the workforce, it means continued uncertainty.