Layoffs of employees of The Walt Disney Company were announced on June 2, 2025. The organization is based in Burbank, CA. According to the company’s annual report, the number of employees worldwide is 233,000. The report states that 171,000 employees work in the United States. Companies owned by the conglomerate include Hulu, Marvel, Disney+, and ESPN. ABC Entertainment and ABC News are also subsidiaries. Employees to be impacted by the layoffs were notified on that day.
The June layoffs follow a previous set of layoffs that happened in March of 2025. In March, almost two hundred employees lost their jobs. The March layoffs affected people at Disney Entertainment Networks and ABC News. The June layoffs are impacting a variety of departments. These include finance, casting, marketing, publicity, and development.
In general, hundreds of company employees around the world are being affected by the layoffs. The goal of the layoffs has been to increase financial savings while keeping inventive creativity. The company has stated that it hopes to impact as few employees as possible. In addition, no entire team within the organization is set to be cut. Besides cutting expenditures, another goal behind the layoffs is transitioning more fully into streaming. The linear television industry has been challenging and has prompted the corporation to pivot.
March Layoff Details
The Hollywood Reporter states: “In March, Disney cut just under 200 jobs.” Employees lost jobs at ABC News, a subsidiary of the overarching conglomerate. In addition, jobs were lost at Disney Entertainment Networks, one division of Disney. The people who lost jobs comprised roughly six percent of this division. According to The Hollywood Reporter, “economic headwinds facing the linear TV business” influenced these decisions.
Current Layoff Information
More layoff proceedings were reported on Monday, June 2, 2025. Overall, the corporation’s layoffs will affect employees worldwide. Hundreds of people are being impacted. According to The Hollywood Reporter, “individual employees… were notified Monday” about layoffs. CBS News received a June 2 email from Disney. This email states that Disney “identified opportunities to operate more efficiently.”
The corporation hopes to find efficiency by economizing on organizational expenditures. The Hollywood Reporter explains that the layoffs help Disney “as it refocuses on streaming.” In addition, they are part of the corporation’s effort to increase profits. The CBS News June 2Â email states intent to “eliminate a limited number of positions.” The elimination of corporate roles was set, according to the email, for June 2. The email presents the goal of balancing expenditure cutting with “fueling… state-of-the-art creativity and innovation.”
The layoffs have affected several areas within the organization. Cuts have been made in publicity and marketing for television. In addition, film marketing positions have been cut. Finance, development, and casting positions have also faced cuts. Many departments have been impacted by the layoffs. However, The Hollywood Reporter assures that “no team itself is being eliminated.” Disney’s CBS News email describes efforts to “minimize the number of impacted employees.”
Overview of The Walt Disney Company
The Walt Disney Company strives to “inspire people around the globe through… unparalleled storytelling.” The company’s website highlights its “iconic brands.” In addition, the website states that the company combines “creative minds and innovative technologies.” The company strives to deliver value for its investors. It also emphasizes community engagement and environmental responsibility.
The corporation is based in Burbank, California. According to CBS News, the conglomerate “owns a bevy of companies across entertainment and media.” ABC News, ABC Entertainment, and ESPN are owned by Disney. Hulu, Disney+, and Marvel are also part of the massive conglomerate. The Hollywood Reporter states Disney “employs 233,000 people globally and 171,000 people in the U.S.” These employment statistics can be found in the corporation’s annual report.
