Content overview: “Disney Plans Largest Layoff Round of 2026 as CEO Josh D’Amaro Targets 20% Cost Cuts”. Disney is preparing its biggest wave of job cuts this year, according to a Bloomberg News report citing anonymous sources. The entertainment giant has reportedly instructed some managers to reduce expenses by 20% on an annualized basis, signaling a broad restructuring under CEO Josh D’Amaro. This would mark the fourth round of layoffs in 2026 and is expected to affect the most employees so far.
The cost-cutting push comes as Disney navigates ongoing pressures across its media, parks, and streaming businesses. While the exact number of affected staffers has not been disclosed, the directive for double-digit expense reductions points to significant workforce reductions. D’Amaro, who has overseen previous downsizing efforts, appears focused on streamlining operations and improving profitability. This listing links straight to the original page, where the content is available in full.