Disney Announces Job Cuts Amid Challenges in Television Sector

June 3, 2025 - 00:54

Disney layoffs are affecting several hundred employees globally in divisions like marketing, publicity, casting, and corporate finance. This move comes as the entertainment giant faces significant challenges within its television business, which has seen a decline in viewership and advertising revenue.

The decision to reduce the workforce is part of a broader strategy to streamline operations and cut costs in response to changing market dynamics. As audiences shift towards streaming services and on-demand content, traditional television networks are struggling to maintain their relevance and profitability.

Disney's leadership has indicated that these layoffs are not taken lightly, as the company values its employees and their contributions. However, the need to adapt to the evolving landscape of media consumption has necessitated tough choices.

The affected employees will receive support during this transition, including severance packages and career counseling. As Disney navigates these turbulent waters, it remains focused on its long-term goals and the future of its diverse entertainment portfolio.