Disney Reportedly Readies Thousands of Layoffs

When I had to trim 20 percent, I started with the light bill and forty boxes of novelty trowels nobody ordered. Disney reportedly plans thousands of layoffs, according to Bloomberg, as part of a 20 percent annual cost cut. Some managers were told to find that 20 percent, non-labor costs included, and the spreadsheet got nervous before the workers did.

The theme parks, TV networks and movie studio take the worst of it. Variety counts it as the fourth round of job cuts in 2026 under D'Amaro, a streak nobody asked for.

D'Amaro reportedly wants some savings back in programming, technology, parks and cruise ships, which is a lot of ships for a company that can't hold a budget. Somebody in Washington should try making payroll once.