The Walt Disney CEO Josh D’Amaro Announces 1,000 Job Cuts

The Walt Disney CEO Josh D’Amaro announces a major restructuring with plans to eliminate around 1,000 roles this week as part of efforts to streamline operations and improve efficiency.

Key Highlights

• The Walt Disney  CEO Josh D’Amaro to cut 1,000 jobs, major restructuring operations.
• New unified marketing division aims to boost efficiency and adapt to industry changes.

In an internal memo to employees, Josh  D’Amaro said the move is aimed at making the company more agile in response to the rapidly evolving media and entertainment landscape. The layoffs mark the first significant restructuring since he took over as CEO in March 2026.

Why Disney Is Cutting Jobs

The restructuring is largely driven by the creation of a unified enterprise marketing division, consolidating multiple functions into a single, streamlined unit. This new division is led by Chief Marketing and Brand Officer Asad Ayaz and is designed to deliver a more connected consumer experience.

The job cuts are expected to impact several key segments, including film and television studios, ESPN, product and technology teams, and corporate functions.

Also Read: Jack Dorsey Cuts 4,000 Jobs as AI Reshapes Block’s Future

CEO Memo Highlights

In his message, Josh D’Amaro acknowledged the difficulty of the decision, stating that the changes are not a reflection of employees’ contributions but part of a broader strategy to optimize resources and invest in future growth.

He emphasised that the “fast-moving pace” of the industry requires continuous evaluation of operations and workforce structure to remain competitive and innovative.

The Walt Disney restructuring comes amid broader challenges facing the media sector, including declining traditional TV revenues, weaker box office performance, and increasing competition from streaming platforms and tech companies.

Despite the layoffs, Josh D’Amaro expressed confidence in Disney’s long-term direction, highlighting a focus on innovation, creativity, and a more technologically enabled workforce.