Overview
- Disney, which began notifying employees Tuesday, is cutting about 1,000 roles across marketing, the studio and TV units, ESPN, product and technology, and select corporate teams, according to the CEO’s memo and multiple outlets.
- Reports say Marvel Studios is among the hardest hit, with roughly 8% of its staff at risk and the visual development group largely disbanded in favor of project-by-project hiring.
- The reductions stem from a companywide reorganization, including January’s move to combine all marketing under Chief Marketing and Brand Officer Asad Ayaz.
- The action is D’Amaro’s first major personnel move since becoming CEO in March, following earlier cuts of about 7,000–8,000 jobs in 2023 when Disney employed roughly 230,000 people.
- D’Amaro framed the shift as building a more agile, technology-enabled workforce and pledged resources for those leaving, signaling a leaner slate and tighter cost controls across Disney’s creative operations.