Disney Layoffs 2026: Biggest Layoff Round Planned Yet As Entertainment Industry Cost Cuts Spread

Disney is preparing to cut several thousand jobs, with some managers asked to lower costs by as much as 20%, according to CNBC and Bloomberg reports. The move would be the largest layoff round since Josh D’Amaro became CEO earlier this year, following a previously announced round of up to 1,000 cuts. The article did not disclose specific figures for total layoffs, cost savings, or affected business segments beyond the reported percentage targets. The planned reductions signal that cost-cutting pressure is spreading across the entertainment industry as companies tighten spending. What to watch next: confirmation of the final headcount and timing from Disney, and whether the cuts extend to streaming and parks divisions.