The Walt Disney Company began a sweeping round of layoffs Monday, impacting several hundred employees across its film, television, and corporate finance divisions. The cuts are part of a continued strategic shift as the company navigates evolving media economics and a sharpened focus on streaming.

The majority of affected roles fall under Disney Entertainment, including film and TV marketing, casting, development, and publicity. While no departments were eliminated outright, teams have been significantly downsized, particularly in Los Angeles, where Disney Entertainment Television is largely headquartered.

This marks the fourth and most significant layoff cycle at Disney over the past 10 months. These actions are part of CEO Bob Iger’s ongoing initiative to cut $7.5 billion in costs—a mandate he set upon returning to lead the company in early 2023. That broader cost-cutting campaign led to the elimination of 7,000 roles last year alone.

Earlier this spring, just under 200 Disney employees were let go—roughly 6% of the workforce across ABC News, Freeform, and FX. Last October, a restructuring folded ABC Signature into 20th Television and consolidated ABC and Hulu Originals teams, cutting another 30 roles. In July 2024, 140 positions were affected, including 60 at National Geographic.

Despite these reductions, Disney’s Q2 2025 earnings told a more optimistic story. Theme parks and ESPN helped drive revenue, and the company’s direct-to-consumer segment—its streaming engine—posted a $336 million profit, up $289 million year-over-year. At Disney’s annual shareholder meeting, Iger also outlined plans to create new jobs, particularly within its Experiences division.

Still, the latest round of layoffs underscores a broader recalibration facing the entire entertainment ecosystem. As media giants refocus on profitability and efficiency after the content boom of the early 2020s, roles across legacy divisions remain vulnerable.

Disney’s move comes just days after NBCUniversal confirmed its own staff reductions tied to the spin-off of several cable networks into a new entity, Versant.

For workers across the film and television landscape—especially in hubs like Los Angeles—the ripple effects continue to shape the business. While signs of stabilization are emerging in key sectors, these transitions are reshaping employment patterns, resource allocation, and creative output across the board.