Disney Cuts 100-200 Jobs In Theme Park Division

The Walt Disney Company has eliminated between 100 and 200 jobs within its theme park division, according to sources familiar with the matter. The workforce reductions were largely concentrated on Disney’s Imagineering team, which is responsible for designing and developing attractions, theme park lands, and other offerings for the experiences segment.

Reports indicate that the cuts followed shifts in project timelines and took effect on Wednesday and Thursday. Disney has declined to comment on the layoffs, while the restructuring marks another step in the company's ongoing workforce adjustments.

Stock photo for illustration only, not from the actual event

These latest reductions follow earlier workforce cuts under CEO Josh D’Amaro—who assumed the role in March—which previously targeted human resources, technology departments, and offered early retirement packages to selected staff earlier this month. D’Amaro stated in August that the company was highly focused on enterprise-wide cost reduction by evaluating various levers, including labor reductions.

Disney previously announced a massive $60 billion investment plan in 2023 for its experiences division, encompassing three new themed areas, four new resorts, over 18 new attractions, and more than 25 entertainment offerings. While U.S. park visitation and per capita spending rose, international park operating income dipped in the third quarter due to softening consumer demand in Asian markets.

Source: Skift