Disney, DIS, is laying off several hundred employees globally across multiple teams, including those for Disney's marketing for both film and TV, publicity, casting and development as well as corporate financial operations

Significant layoffs are taking place at the Walt Disney Company as of Monday, impacting several hundred employees worldwide, according to information obtained by Deadline. Most of the affected roles are within Disney Entertainment, spanning departments such as film and television marketing, TV publicity, casting, and development. Additionally, some corporate finance positions are being cut.

Sources indicate that the layoffs are evenly split between the film and TV sectors of Disney Entertainment. No entire teams are being dissolved. A large portion of the staff affected from Disney Entertainment Television is reportedly based in Los Angeles. Deadline will continue providing updates as more information surfaces during what is expected to be a difficult day across Disney offices.

This marks the fourth—and largest—round of job cuts at Disney’s television operations in the past 10 months. The layoffs are part of broader cost-reduction efforts by traditional media companies adapting to a streaming-first business model amid financial pressures. CEO Bob Iger, who returned to lead the company, set a target of at least $7.5 billion in savings beginning in early 2023, a move that included cutting about 7,000 jobs last year.

In early March, nearly 200 employees were let go—roughly 6% of the workforce in divisions such as ABC News and entertainment networks like Freeform and FX.

A major reorganization in October saw ABC Signature closed, with its operations integrated into 20th Television. Scripted teams for ABC and Hulu Originals were also consolidated, resulting in around 30 layoffs within Disney Entertainment Television.

Earlier in July, another round of cuts affected about 140 workers—roughly 2% of that division’s staff—including 60 at National Geographic.

These latest job reductions come shortly after Disney’s second-quarter earnings exceeded expectations, driven in large part by its experiences segment and sports. The company’s streaming division also performed well, with direct-to-consumer profits rising by $289 million to $336 million. During the annual shareholder meeting this spring, Iger emphasized job creation in areas like theme parks and other Disney experiences.

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