Disney Cuts Several Hundred Jobs Across Pixar, National Geographic, ESPN in Third Layoff Round of 2026
- Walt Disney Co. notified employees Tuesday of layoffs hitting several hundred positions across corporate functions, ESPN, Disney Entertainment Television and its studios — the third round of cuts this year under new CEO Josh D'Amaro's 'One Disney' restructuring (Source: Hollywood Reporter, Deadline).
- Pixar is the hardest-hit studio, shedding ~10% of staff (~116 people, concentrated in production/operations) even as 'Toy Story 5' approaches $1B at the box office; National Geographic took the brunt of DET cuts, with dozens laid off across TV, editorial and digital.
- Cuts follow an April round that eliminated ~1,000 roles; Disney had ~231,000 employees at end of fiscal 2025.