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Disney begins 3rd job cut round, Parks and Resorts remain untouched

Disney has started its 3rd round of layoffs that will affect over 2,500 employees across the board, although Parks and Resorts remain largely untouched

Entertainment giant Disney has started its third round of layoffs that will affect over 2,500 employees across the board, the media reported. Although Parks and Resorts remain largely untouched, no particular division is being targeted by pink slips this week, according to Deadline, citing sources.

As part of a cost-cutting measure, the company began removing dozens of titles from its streaming platforms this week.

According to the report, the television division, which was hit hard in the second round of job cuts, is largely spared this time with a small number of layoffs.

Moreover, the report mentioned that the new round of job cuts comes as media companies struggle to deal with the effects of the ongoing writers’ strike, which has stopped the development and production of films and television shows.

The first round of layoffs began in March when Disney CEO Bob Iger announced three rounds of layoffs as the company aims to reduce its workforce by around 7,000 workers.

In April, Disney kicked off its second round of layoffs, affecting 4,000 employees.

The entertainment giant revealed in February that it expects to save $5.5 billion as a result of layoffs and other cost-cutting measures.

Agency News Desk
Agency News Desk
The Agency News Desk comprises team members including Puja T, S Ghadashi, N N Sethi, curate & publish news-worthy domestic & international content from the designated news agencies like Indo Asian News Service, others. The content team can be contacted on and on @glamsham on social media platforms. Kindly visit for more information
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