Disney TV restructuring targets hundreds of jobs for streaming
Disney is reducing its workforce by nearly 300 employees as part of a restructuring led by CEO Josh D'Amaro. The company is consolidating divisions previously built around linear TV brands into a unified structure focused on streaming. These latest cuts primarily affect HR and tech roles and follow a voluntary early retirement offer for executives. A Disney president described the layoffs as extremely painful but necessary. This move comes after the company reported Q3 adjusted EPS of 2.06 USD, a 28 percent increase year over year.
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- ✓ Disney is cutting nearly 300 jobs in HR and tech roles.
- ✓ CEO Josh D'Amaro is leading the restructuring efforts.
- ✓ The company is restructuring its television business to focus on streaming.
- ✓ Disney offered early retirement to executives.
What changed
Disney has implemented a new round of 300 job cuts in HR and tech to support a streaming-focused TV restructuring.
Live updates
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Disney cuts 300 jobs as TV operations shift toward streaming
Disney is reducing its workforce by nearly 300 employees as part of a restructuring led by CEO Josh D'Amaro. The company is consolidating divisions previously built around linear TV brands into a unified structure focused on streaming. These latest cuts primarily affect HR and tech roles and follow a voluntary early retirement offer for executives. A Disney president described the layoffs as extremely painful but necessary. This move comes after the company reported Q3 adjusted EPS of 2.06 USD, a 28 percent increase year over year.
Why it matters
The shift reflects a broader industry transition from traditional linear television to digital streaming platforms. This is the third round of layoffs this year, following two previous phases that removed approximately 1,300 positions.
What is confirmed
- Disney is cutting nearly 300 jobs in HR and tech roles.
- CEO Josh D'Amaro is leading the restructuring efforts.
- The company is restructuring its television business to focus on streaming.
- Disney offered early retirement to executives.
- Two previous layoff rounds this year eliminated roughly 1,300 positions.
- Disney Q3 adjusted EPS was 2.06 USD, up 28 percent year over year.
- Walt Disney stock closed at 102.19 USD on October 2, 2026.
What to watch next
- Details on the specific unified streaming structure for TV brands
- Further workforce reductions beyond the current 300 cuts
confidence 95%Sources used for this update (14)
- Reuters — Disney plans restructuring of television business, WSJ reports
- www.hindustantimes.com — Disney layoffs: New CEO announces major job cuts in HR and ...
- Yahoo Finance — Disney TV restructuring targets hundreds of jobs for streaming
- Yahoo Finance — Disney president says layoffs 'extremely painful' but necessary
- Los Angeles Times — Disney cuts 300 workers, offers executives early retirement
- qz.com — Disney is restructuring its TV operations around streaming, with hundreds of jobs at stake
- www.disney.com — Disney.com | The official home for all things Disney
- www.apps.disneyplus.com — Disney+ | The greatest stories, all in one place
- thewaltdisneycompany.com — The Walt Disney Company
- movies.disney.com — Disney Movies | Official Site
- disneyworld.disney.go.com — Walt Disney World Resort near Orlando, Florida – Official Site
- finance.yahoo.com — Disney TV restructuring targets hundreds of jobs for streaming
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