Posted on 06/02/2025 11:32:07 AM PDT by Red Badger
EXCLUSIVE: Major layoffs are underway Monday the Walt Disney Company, with several hundred employees impacted globally, Deadline has learned. The bulk of them are across divisions of Disney Entertainment, including marketing for both film and television as well as television publicity, casting and development. Also affected are Disney’s corporate financial operations.
According to sources, the size of the cuts on the film and TV side of Disney Entertainment is comparable. No teams are being eliminated. The majority of the Disney Entertainment Television staffers are said to be based in Los Angeles. Deadline will continue its coverage as more details about those impacted emerge during what is expected to be a tough day on the Disney campuses.
This is the fourth — and largest — round of layoffs in the past 10 months that has affected various Disney television operations. They are part of an ongoing cost-cutting process at the traditional media companies as they reshape their business to focus on streaming while facing economic headwinds. Disney’s Bob Iger set the pace upon his return as CEO, establishing a goal of at least $7.5 billion in cost reductions at the start of 2023, with about 7,000 jobs eliminated that year.
In early March, just under 200 Disney employees were laid off, representing almost 6% of the workforce in the ABC News Group and Disney’s entertainment networks, including Freeform and FX.
A big restructuring last October involved the shutdown of ABC Signature, with its operations folded into 20th Television, and the consolidation of ABC and Hulu Originals scripted drama and comedy teams. It resulted in about 30 Disney Entertainment Television layoffs.
And last July, DET underwent a round of staff cuts that impacted roughly 140 people, representing about 2% of the total workforce, 60 of them at National Geographic.
The latest cuts follow Disney’s better-than-expected Q2 earnings last month, fueled largely by experiences and sports, with streaming also delivering strong results as direct-to-consumer operating profit increased by $289 million to $336 million. At the annual shareholder meeting earlier this spring, Iger spoke about creating new jobs, largely in Disney experiences, including theme parks.
The Disney layoffs also come on the heels of staff cuts at NBCUniversal as the company is spinning off several cable networks into a new company named Versant.
Get woke, go broke—no joke!
Good news! They have another girl boss flop with a beta male coming in Fantastic Four.
Disney could experience a better future...
through addition by subtraction.
Cut shows such as The View and fire such biased ‘journalists’ as Steponallofus. Ratings would improve dramatically and earnings would naturally improve. And stop the DEI and CRT nonsense, and don’t try to force transexuality down our throats. (Ugh, the thought of it).
Are they getting rid of Kennedy and her crew? If not then nothing will improve.
A huge portion of the Disney “creative” workforce is unredeemably Woke. I think Disney would have to fire all of them before they get back on track. If you leave a little cancer in the body, it will spread again.
I’d rather see the decision makers get the axe for their woke BS rather than the employees.
They cut the staff too soon.
Should have waited for the money to roll in from the release of “Surprise Party” only in theaters, in which Mickey and Minnie each come in to their living room with the news that during their separate vacations they each changed genders. The welcome home party featured Pluto leading a drag queen dance and song fest, available as an album on Spotify.
Disney = Chester the Molester. The Groomies. The Groomsters. Groom-a-rama! Freaks’n Fools. Predators.
New sector at Disney Theme Parks: PEDO-LAND!.............
For the last 10 years, people have been telling disney to stop the woke in their movies, but they refused and racked up billions in losses. Now here comes the piper...
I agree but it never works like that. Besides an overwhelmingly large part of them are the problem also...
Where’s the judges to stop this? Where is the sobstories about how workers are ruined by this? Liberals? Hello?
Marketing? There’s only Netflix and Amazon left, what marketing? Just put it out to bid, easy Peezy…..
Apple TV+ is currently losing over $1 billion per year, making it the only Apple service that isn’t profitable, despite having around 45 million subscribers. The service is primarily seen as a way to enhance the overall Apple ecosystem rather than a direct profit generator.
Agreed.
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