Published on BlogHear.com
LOS ANGELES, June 3, 2025 — Entertainment powerhouse Disney has confirmed another wave of job cuts, impacting several hundred workers across its global operations. The latest layoffs affect staff in film, television, and finance divisions, as the company continues adapting to the shifting media landscape.
A Disney spokesperson told the BBC, “As our industry transforms at a rapid pace, we continue to evaluate ways to efficiently manage our businesses while fuelling the state-of-the-art creativity and innovation that consumers value and expect from Disney.”
This round of layoffs follows a major restructuring effort in 2023, during which Disney eliminated approximately 7,000 jobs to achieve cost savings of $5.5 billion under CEO Bob Iger’s leadership. While the current cuts are more limited, they still impact a wide range of departments, including film and television marketing, casting and development, and corporate finance.
Disney emphasized that no departments would be shut down entirely and described the reduction in workforce as “surgical,” aimed at minimizing disruption to employees and business operations.
Streaming Growth and Box Office Performance
The layoffs come even as Disney posted stronger-than-expected earnings for the first quarter of 2025. The company reported $23.6 billion in revenue, marking a 7% year-over-year increase. The growth was largely driven by its streaming service, Disney+, which added a significant number of new subscribers during the period.
At the box office, Disney has seen mixed results. While the live-action remake of Snow White underperformed amid poor reviews, the studio scored a hit with its latest release, Lilo & Stitch. The animated film shattered records over the Memorial Day weekend and has grossed more than $610 million globally, according to Box Office Mojo.
A Changing Media Landscape
Disney’s continued layoffs reflect broader challenges in the media and entertainment sector. As consumers pivot away from traditional cable packages toward streaming services, legacy media companies are being forced to rethink business models and streamline operations.
Despite cost-cutting efforts, Disney remains one of the largest employers in the industry, with a global workforce of 233,000—more than 60,000 of whom are based outside the United States. The company also owns a range of major properties, including Marvel, Hulu, Pixar, ESPN, and Lucasfilm.
As the entertainment landscape evolves, Disney’s ongoing restructuring efforts aim to balance innovation with operational efficiency, maintaining its position as a dominant force in global media.
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