Disney Announces 2025 Layoffs: Hundreds in Film, TV & Finance Hit in Cost-Cutting Drive

A media outlet stated on June 2 that the media powerhouse The Walt Disney Company (Disney) was cutting off hundreds of workers from its corporate finance, television (TV), and film departments, according to a source.

"The job cuts will affect teams worldwide, including casting and development departments, TV publicity, and film and TV marketing," as per a media report. The majority of the impacted Disney Entertainment Television employees are based in Los Angeles, and the layoffs are reportedly distributed equally among the company's TV and film divisions, according to another story.

This is the fourth and biggest round of layoffs in the last ten months, the article continued. A manager of drama programming at ABC Hulu was among the lower-level development executives who were impacted, as were other Disney television divisions.

Layoffs Becoming a Common Scenario in Disney

Disney, the parent business, laid off about 200 workers, or nearly 6% of the workforce, from its ABC News Group and Disney Entertainment Networks divisions in March 2025.

According to a media report, the Walt Disney Company restructured in October 2024, closing ABC Signature and combining its operations into 20th Television. It also merged the scripted drama and comedy teams from ABC and Hulu Originals.

Disney Entertainment Television lost 20 positions as a result of the decision. According to a media report, Disney has already laid off 7,000 employees in 2023 in an effort to save about 5.5 billion dollars. In the same year that he announced his intention to reduce expenses, CEO Bob Iger set a target of $7.5 billion.

Financial Outlook of The Walt Disney

Of the 233,000 employees of the Walt Disney Company, slightly more than 60,000 are located outside of the United States. Disney owns a number of businesses in the entertainment sector, such as ESPN, Hulu, and Marvel.

With total revenue for the first three months of the year of $23.6 billion, the company's May earnings were better than anticipated. Compared to the same time in 2024, that represented a 7% gain. It claimed that new users of its Disney+ streaming service were the main driver of the expansion.

This year, the studio has launched several new films, such as Snow White and Captain America: Brave New World. After receiving some unfavourable reviews, the live-action version of the classic Snow White animation movie did not do as well as anticipated at theatres.

However, over the Memorial Day holiday weekend, Disney's most recent film, Lilo & Stitch, set new box office records in the United States. Since its May premiere, the animated movie has sold over $610 million tickets worldwide, according to industry data company Box Office Mojo.