Around 300 employees reportedly hit by the latest job cuts
Human resources roles will be hit hard in the fresh round of reported job cuts at media giant Disney.
CNBC, citing an anonymous source, reported that Disney will be laying off around 300 employees, the majority of whom are in HR and tech roles.
The cuts follow the August 2026 earnings report from the media giant, in which it hinted at potential labour cuts to reduce costs.
"We remain highly focused on reducing costs across the enterprise to create incremental capacity to invest for growth and are evaluating a variety of levers, including reductions in labour and SG&A," it said in the report.
"We are mid-stream in this work and will provide future updates on our progress."
The cuts also follow a voluntary retirement offer to long-time Disney employees at or above the director level who are aged 50 or over and have been at the company for at least a decade, according to a Deadline report.
Recent job cuts at Disney
This round of job cuts is the latest under CEO Josh D'Amaro, who took over the role in March 2026, succeeding long-time executive Bob Iger.
In April 2026, it was reported that Disney was cutting about 1,000 roles, with most of the reductions hitting its freshly consolidated marketing organisation.
Later reports in July 2026 indicated that Disney also cut several hundred people in corporate functions across Pixar, ESPN, Disney Entertainment Television and Disney's studios.
Disney had 231,000 employees as of the end of fiscal 2025, according to Deadline's report. This included 172,000 employees in the US and 59,000 elsewhere.
The media industry in the US has announced 4,908 job cuts so far in 2026, according to Challenger, Gray & Christmas data. Overall, there have been 529,914 job cuts to the end of August 2026, down 41% from the 892,362 cuts announced in the first eight months of 2025.
