04-November-2026
Corporate News
 
Disney Eyes Thousands of Layoffs, Managers Asked to Cut 20% in Costs, Bloomberg News Reports
03-Nov-2026

Walt Disney is eyeing thousands of job cuts and is asking some managers to target 20% in annual cost savings, Bloomberg News reported on Monday, citing people familiar with the matter. Reuters could not immediately verify the report.

News Source:- https://money.usnews.com/investing/news/articles/2026-11-02/disney-eyes-thousands-of-layoffs-managers-asked-to-cut-20-in-costs-bloomberg-news-reports