Disney Lays Off Hundreds of Staff in HR and Tech Departments

Key Facts

Disney laid off hundreds of employees across its human resources and technology departments as part of a restructuring effort. Reuters reported that the job cuts are part of an ongoing corporate strategy to reduce costs under the leadership of Josh D'Amaro. The move targets specific corporate functions to streamline operations amid a transformational period for the company.

The layoffs coincide with internal efforts to reorganize multiple divisions, with DIS stock closing at $105.59 on September 28, 2026. During that session, the stock reached a high of $106.58 and a low of $104.76. These workforce reductions follow previous restructuring phases that have impacted marketing, studios, and television divisions throughout the year.