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Disney Targets 20% Cost Savings in Thousands of Layoffs

Bloomberg Markets Tuesday 03 November 2026, 14:38 UTC 1 min read
Key Points

Nov 3rd, 2026 Disney Targets 20% Cost Savings in Thousands of Layoffs Disney is planning thousands of job cuts and asking some managers to target 20% in annual cost savings that could come from job eliminations as well as from expense reductions, according to people familiar with the matter. Geetha Ranganathan of Bloomberg Intelligence has more.

Nov 3rd, 2026 Disney Targets 20% Cost Savings in Thousands of Layoffs Disney is planning thousands of job cuts and asking some managers to target 20% in annual cost savings that could come from job eliminations as well as from expense reductions, according to people familiar with the matter. Geetha Ranganathan of Bloomberg Intelligence has more.
Layoffs Disney (ORG) Geetha Ranganathan (PERSON) Bloomberg Intelligence (ORG)
Originally published by Bloomberg Markets Read original →

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