OUCH: Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts.

The possible job cuts come as CEO Josh D’Amaro is reportedly facing challenges from growing AI use, weaker box office revenue, mounting competition from streaming challengers and a slowdown in theme park attendance abroad, according to Bloomberg, which first reported the news.

It’s said that some operations within Disney are set to face larger cuts than others. Though, per the reports, D’Amaro plans to reinvest the savings from the cuts into the company’s film and TV programming, technology, theme parks and cruise ship operations. It’s currently unclear how many jobs could be impacted, but Disney employed about 231,000 people at the end of 2025’s fiscal year.

Well, they killed the Star Wars cash cow and the MCU is on very expensive life support. Something has to give.