Disney laying off several hundred employees, Variety reports

Adds details in paragraphs 2-8

Sept 29 (Reuters) - Walt Disney DIS.N is laying off a few hundred employees across multiple divisions, including human resources and IT departments, Variety reported on Tuesday, citing a source familiar with the matter.

Disney has seen several C-suite changes since Josh D'Amaro took charge as CEO in March, including the appointment of 25-year company veteran Paul Roeder as chief communications officer.

D'Amaro took the helm at the entertainment major through a transformational period shaped by artificial intelligence, declining box office revenue and intensifying competition from streaming rivals.

Disney did not immediately respond to a Reuters request for comment.

The company employed about 231,000 people as of fiscal year-end 2025, of which about 172,000 were employed in the US and 59,000 were employed outside the country.

Disney in April eliminated about 1,000 positions across the marketing group, which was reorganized in January, and other parts of the company, including its studio and television business, ESPN, products and technology and certain corporate functions.

The company executed job cuts last year, including several hundred employees laid off in its film and TV marketing, TV publicity and casting and development divisions, Reuters reported.

Disney cut 7,000 jobs in 2023 as part of its efforts to save $5.5 billion in costs under former CEO Bob Iger.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shinjini Ganguli)

((HarshitaMary.Varghese@thomsonreuters.com;))