Around 300 employees are affected by the layoffs

Approximately 300 employees are affected by the layoffs at Disney, implemented yesterday and continuing today and tomorrow.

A crisis that lasts. As part of a new round of budget cuts, Disney has laid off about 300 employees across several departments across the company, Deadline reported.

“We are continually evaluating ways to invest in our business and more effectively manage our resources and costs, to fuel the cutting-edge creativity and innovation that consumers love and expect from Disney,” a spokesperson said. word in a press release.

The layoffs affected several departments in the United States, including human resources, legal services, communications and finance. This wave of cuts follows the 140 layoffs that occurred in July in the television division, or around 2% of the workforce. As of May, Pixar had already reduced its workforce by 175 people, representing about 14% of its staff.

Paramount and Warner Bros. Discovery also affected by layoffs

The layoffs at Disney began yesterday, coinciding with the second wave of layoffs at Paramount Global, which has cut hundreds of positions as part of its plan to cut its U.S. workforce by 15%. Paramount+ was the division most heavily impacted by these cuts.

In addition to the numerous workforce reductions made by Disney and Paramount, Fox Entertainment also eliminated around 30 positions as part of a restructuring in July. Warner Bros. Discovery also made layoffs the same month.

These cuts are much smaller than the massive layoffs made in 2023 after Bob Iger’s return as president, when Disney cut around 7,000 positions, or 3.2% of its global workforce.