The Walt Disney Company is reportedly preparing another major restructuring of its workforce, which could put thousands of jobs at risk across the world. According to a Bloomberg report cited by Jagran Josh on 3 November 2026, CEO Josh D'Amaro has asked some managers to look for ways to cut annual costs by 20%.
Key points
- CEO Josh D'Amaro has reportedly asked some managers to identify 20% in annual cost savings.
- Thousands of jobs are said to be at risk globally, but Disney has not shared the exact number of cuts.
- Disney has not confirmed whether its Indian employees will be affected.
- The company may redirect the savings to films, television, technology, theme parks and cruise operations.
Why Disney is cutting costs
The report says Disney is trying to adapt to a fast-changing entertainment business. Competition among streaming platforms is intense, and rivals such as Amazon and Apple are making it tougher. Keeping up with new trends is also becoming more expensive.
Several of its traditional businesses are under pressure. Box office collections are shrinking, and revenue from traditional television is declining. Theme park attendance abroad is also weakening, and expensive tickets sometimes keep visitors away. The growing use of artificial intelligence is pushing the company to rethink how it works and to become more efficient.
According to local reports, Disney does not plan to cut costs alone. It reportedly wants to move the savings towards films, television programming, technology, theme parks and cruise operations to support future growth. The latest directive follows several rounds of restructuring since D'Amaro became CEO in March 2026.
Will Indian employees be affected?
This remains uncertain. Disney has not released a country-wise breakdown of the proposed cuts, and it has not said whether the 20% cost-reduction directive will directly touch its Indian workforce.
The report notes that Disney has a significant presence in India across media, entertainment, streaming, content production and technology services. It adds that corporate functions such as Human Resources, Technology and administration could face closer scrutiny as the company looks to reduce expenses. The restructuring may also not lead to job losses in every market.
What it means for corporate readers
The news shows that job cuts are no longer limited to technology firms. Large media and entertainment companies are also reworking their costs as viewing habits change, competition grows and new technology reshapes operations. Professionals in support and corporate roles may want to follow how the company explains its plans in the coming days.
The report describes the story as still developing. Disney has not disclosed the potential impact or the exact number of cuts across its teams, so further details will depend on what the company announces.
