Walt Disney has announced a sweeping business restructure that will see several hundred employees laid off globally, as the entertainment titan seeks to “optimise operations” and maintain creative momentum.
The move comes despite a 7% revenue increase in Q1 2025, bringing in $23.6 billion.
The layoffs will touch film, television, and finance divisions, including marketing, casting, and content development.
While no department will be entirely shuttered, the cuts reflect Disney’s drive for leaner, more agile operations amid shifting industry demands.
The company, which employs around 233,000 people worldwide, insists the reshuffle is essential to meet the expectations of its diverse global audience and to sustain high levels of innovation.
This commitment is underscored by the blockbuster success of Lilo & Stitch, which soared past $610 million in global takings over the holiday weekend.
Disney says it remains dedicated to crafting premium content while doubling down on future-facing investments that will shape the next era of entertainment.