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Business · San Bernardino

Disney Experiences Division Drops 100 to 200 Jobs in New Round of Cuts

The layoffs affect the segment generating $36.2 billion in revenue, with notifications sent to staff by the end of the day on October 28.

By Haruka Ivanov ·

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Walt Disney Co. is cutting between 100 and 200 employees in its theme parks and experiences division. A person familiar with the matter, who was not authorized to comment publicly, confirmed the headcount reduction on October 28. The company declined to provide further details.

The affected unit, known as the experiences segment, includes Disney’s theme parks, its cruise line, and the Aulani resort and spa in Hawaii. All impacted workers will receive notification by the end of the day on Wednesday. The division served as the primary source of profit for the corporation in the previous fiscal year, generating $36.2 billion in revenue and accounting for more than 56 percent of total operating income.

According to the source, the reductions follow a standard review of divisional priorities, investments, and project timelines. The person noted that Disney currently has a higher number of parks-related projects under development than at any previous time. This assessment was conducted while the company continued to monitor attendance trends. Executives stated during the August earnings call that earlier headwinds from international visitors to U.S. parks had moderated.

This action is distinct from other recent personnel changes at the company. Disney has already implemented layoffs in its human resources and technology departments. Additionally, the corporation offered early retirement packages to older workers earlier in October. Chief Executive Josh D’Amaro, who leads the company, has stated that these moves aim to sharpen corporate focus and improve responsiveness to industry shifts.

The cuts place Disney within a wider pattern of cost reductions across the entertainment sector. Industry consolidation is affecting various regions, including Southern California. Skydance, the entity formed by the merger of Paramount Skydance and Warner Bros. Discovery, is also preparing for staff reductions. That company targets a cost reduction of $6 billion over a three-year period.

Source: Los Angeles Times

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