Disney Initiates New Round of Layoffs to Cut Costs

Key Facts

Disney has initiated a new round of layoffs affecting hundreds of employees as part of a cost-cutting strategy. The New York Post reported that the move is part of a broader effort to streamline operations, with the current reductions primarily impacting positions within the company's technology and human resources divisions.

The layoffs occur as leadership seeks to slash expenses and improve margins amid ongoing structural changes. DIS closed at $105.59 on September 28, 2026, having traded between a day low of $104.76 and a high of $106.58 during that session.