The entrance to Walt Disney Co. is seen from West Alameda Avenue in BurbankThis is read by an automated voice. Walt Disney Co. is planning an extensive round of layoffs in the coming weeks, according to a source familiar with the matter but unauthorized to comment. Like many studios in Hollywood, Disney has faced decreased theatrical revenues, the continued decline of linear television and the smaller profits it makes from its streaming services. AdvertisementNews of the planned Disney job cuts add to the ongoing drumbeat Hollywood has endured for the last few years. Disney recently laid off thousands of workers in the years after former Chief Executive Bob Iger returned to the company.

Source: Los Angeles Times April 09, 2026 08:12 UTC