Disney Plans Thousands of Layoffs Companywide

Written by BloombergPublished Nov 3, 2026, 7:27 PM

Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg's Chris Palmeri discusses Disney's plans and how they fit into the changes the wider entertainment industry is experiencing. He joins Ed Ludlow on "Bloomberg Tech."

More ways to discover

Browse Australia news Discover ASX signals Browse all ASX stocks Browse all ASX ETFs Explore Australia companies Find the right ASX index

Disney Plans Thousands of Layoffs Companywide

More from Australia

RBA's Bullock warns of recession feel at 4.85%

Coast Entertainment maps $260M Dreamworld plan

QMines raises $5.5M for Queensland project

Yari Resources reviews 199 historical drill holes

Reserve Bank of Australia increases cash rate to 4.85%

Mount Ridley Mines extracts 96% vanadium from test

More ways to discover