Thursday, April 9, 2026, 15:37 GMT+7

Disney plans to cut 1,000 jobs, WSJ reports

Walt Disney is planning to cut as many as 1,000 positions in the coming weeks, many of which will be made in the company's marketing department, the Wall Street Journal reported on Wednesday, citing sources.

Disney plans to cut 1,000 jobs, WSJ reports

A sign is shown at one of the entrances to Disney Studios in Burbank, California, U.S., July 25, 2023. Photo: Reuters

 The Journal said that ⁠plans for the coming job cuts began before Josh D'Amaro assumed his new role as Disney's chief executive officer in March.

 The planned layoffs could affect less than 1% of its total employees. Disney employed about 231,000 people as of the end of fiscal ‌year ⁠2025.

 Disney's newly appointed chief marketing officer, Asad Ayaz, also plans to unite the company's marketing group and reduce expenses under code-named Project Imagine, the ⁠report added. Ayaz began to oversee a newly created company-wide marketing organization in January.

Reuters could not ⁠immediately verify the report. Disney did not immediately respond to a Reuters request ⁠for comment outside regular business hours.

Reuters
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