https://www.live-feeds.com/feed/disney-eyes-thousands-of-layoffs-with-managers-asked-to-cut-20Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/disney-eyes-thousands-of-layoffs-with-managers-asked-to-cut-20https://www.live-feeds.com/feed/disney-eyes-thousands-of-layoffs-with-managers-asked-to-cut-20#u178453Thu, 05 Nov 2026 19:32:08 +0000Walt Disney Co. is preparing to cut thousands of jobs after asking some managers to target 20% in annual cost savings. The reductions affect multiple divisions, including ABC, Pixar, ESPN, and theme parks. The theme parks division has already laid off at least 100 employees, with further cuts hitting Imagineering and Disney Experiences. These measures come as the company seeks significant savings before its November earnings report.Why it mattersThese cuts signal a broad effort to reduce operational expenses across Disney's entertainment and parks portfolios. The scale of the layoffs sugg