Despite posting a robust 7% revenue rise in the first quarter of 2025 — driven largely by a surge in Disney+ subscriptions — The Walt Disney Company is set to lay off several hundred employees globally.
The cuts will affect teams across its film, television, and corporate finance arms, including marketing, casting, and content development units.
Disney, which employs around 233,000 people worldwide — over 60,000 outside the U.S. — claims the move is necessary to remain agile in a “rapidly transforming” industry.
No team will be entirely dismantled, the company assured.
While Disney celebrates box-office success with its animated hit Lilo & Stitch, which has raked in over $610 million globally, the live-action Snow White faltered critically and commercially following its March release.
The layoffs, though jarring, reflect CEO Bob Iger’s broader cost-cutting push as the entertainment giant attempts to balance innovation with financial discipline in an evolving media landscape.