Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Entertainment › Disney Plans Thousands of Layoffs Companywide
Entertainment

Disney Plans Thousands of Layoffs Companywide

Bloomberg Technology Tuesday 03 November 2026, 19:26 UTC 1 min read
Key Points

Nov 3rd, 2026 Disney Plans Thousands of Layoffs Companywide Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg's Chris Palmeri discusses Disney's plans and how they fit into the changes the wider entertainment industry is experiencing. He joins Ed Ludlow on "Bloomberg Tech."

Nov 3rd, 2026 Disney Plans Thousands of Layoffs Companywide Walt Disney is planning thousands of job cuts across the company, including TV, film and parks, with some managers being asked to target 20% in annual cost savings, according to people familiar with the matter. Bloomberg's Chris Palmeri discusses Disney's plans and how they fit into the changes the wider entertainment industry is experiencing. He joins Ed Ludlow on "Bloomberg Tech."
Walt Disney (ORG) Bloomberg (PERSON) Chris Palmeri (PERSON) Disney (ORG) Ed Ludlow (PERSON) Bloomberg Tech (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Netflix thinks AI might save you from scrolling aimlessly for something to watch

Netflix thinks AI might save you from scrolling aimlessly for something to watch The tab will initially offer suggestions based on a range of AI-generated themes. Netflix is adding an AI-powered recommendation tool to its TV app as it tries to get viewers to stop scrolling so much and watch more shows and movies on the platform. The company framed AI Discover as a testbed for new features that it might make part of the core Netflix experience.

Engadget 39m ago

You can’t hit a wrong note when playing along with songs on Casio’s new keyboard

Casio announced a new addition to its Casiotone line of portable electronic keyboards with a feature that could help aspiring musicians master skills like rhythm and timing without the frustrations or discouragement of hitting the wrong note. The Casiotone CT-FS1 is available now for $399.99 in a monochromatic black or white version where even the 61 touch-responsive keys are all the same color. It can run on AA batteries or a power adapter but at just under 10 pounds in weight it's...

The Verge 48m ago

Man who drugged and raped wife found strangers online who ‘wanted to abuse an unconscious woman’

Man who drugged and raped wife found strangers online who ‘wanted to abuse an unconscious woman’ The man took more than a million photos and videos cataloguing his wife being abused, a court heard - Bookmark Become an Independent member to bookmark this article Already a member? Log in A man who drugged and raped his wife for more than two decades found strangers online with “barbaric fantasies” of sex with unconscious and unresponsive women, a jury heard. The man, in his 60s from Stockport,...

The Independent UK 1h ago

Owners of banned NDIS company allegedly funded Ferrari and football club

Owners of banned Perth NDIS company Adachi allegedly purchased Victorian NDIS business In short: The directors of a banned NDIS business in Perth have allegedly been able to buy another NDIS provider in regional Victoria. Both companies have gone into liquidation with significant debt, leaving regional clients without care and staff without jobs. The NDIS Quality and Safeguards Commission is investigating and no charges have been laid.

ABC Australia 1h ago