https://www.live-feeds.com/feed/disney-plans-thousands-of-layoffs-targeting-20-cost-savingsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/disney-plans-thousands-of-layoffs-targeting-20-cost-savingshttps://www.live-feeds.com/feed/disney-plans-thousands-of-layoffs-targeting-20-cost-savings#u179936Fri, 06 Nov 2026 04:40:09 +0000Disney is planning to lay off thousands of employees as managers are tasked with reducing costs by 20%. This initiative affects multiple divisions, including ABC, Pixar, ESPN, and theme parks. The company has already cut at least 100 positions within its theme parks division. The news has led to internal instability, with employees confronting leadership during a tech town hall meeting to demand clarity on the timing and scope of the cuts as staff morale declines.Why it mattersThis move represents the largest round of staff reductions for the company this year. The cuts come amid reports of st