New Layoffs Hit Disney

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  "company": {
    "name": "Disney",
    "domain": "thewaltdisneycompany.com"
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  "data": {
    "url": "https://labusinessjournal.com/uncategorized/new-layoffs-hit-disney/",
    "title": "New Layoffs Hit Disney - Los Angeles Business Journal",
    "excerpt": "Cutbacks continue under new leadership. The Walt Disney Co. is getting slimmer again under Chief Executive Josh D’Amaro , whose latest restructuring round at the Burbank-based entertainment giant lays off 300 employees. This round will affect mostly technology and human resources roles, Deadline first reported. It would not impact Disney Entertainment Television, led by new department head Debra OConnell . Motion pictures are also mostly spared. Together with a 1,000-job shred in April and further cuts in Pixar and National Geographic, the new round represents the fourth streamlining effort after D’Amaro took the helm in January. “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 labor and SG&A,” an August letter to Disney shareholders said. “We are mid-stream in this work and will provide future updates on our progress.” The round has been partially signaled by Horacio Gutierrez , chief legal and global affairs officer at Disney, in a Sept. 18 memo to internal staff. He warned about shrinking the department in a “transformation process,” which includes “automating certain workflows by leveraging the latest technologies.” The warning was first reported by Deadline. As of Sept. 30, Disney has not yet filed a Worker Adjustment and Retraining...",
    "summary": "The Walt Disney Company's entertainment segment reported $1.68 billion in operating income, a 64% increase year-over-year.",
    "planning": false,
    "image_url": "https://labusinessjournal.com/wp-content/uploads/2026/08/PG09_ENT_TOP_DIsney_iStock.jpeg",
    "confidence": 0.9,
    "published_at": "2026-10-05T07:03:31Z",
    "article_sentence": "The entertainment segment, furthermore, gathered $1.68 billion in operating income – a 64% increase year-over-year thanks to higher subscription and affiliate fees.",
    "amount_normalized": 1680000000
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