Overview
- Disney began notifying employees Tuesday after D’Amaro’s memo confirmed eliminations were underway, with multiple outlets reporting the total cuts will be about 1,000.
- The reductions stem from January’s unification of Disney’s marketing under Asad Ayaz and extend to studios and television, ESPN, product and technology, and certain corporate roles.
- Reports indicate Marvel Studios was hit hard, with outlets saying much of its visual development team was let go and future hires could shift to project‑by‑project contracts.
- D’Amaro said the goal is to streamline operations and foster a more tech‑enabled staff, and he pledged resources and guidance to help affected workers through the transition.
- This marks the first major personnel action since D’Amaro became CEO in March and follows broader industry cutbacks and Disney’s prior 2023 layoffs, with the company last reporting about 231,000 employees.