May 2026, Disney Reports It Will Lay Off as Many as 1,000 Employees

Multiple sources are reporting that Disney is planning workforce reductions of as many as 1,000 employees, with its Marvel Studios division and the marketing department expected to be heavily affected, reflecting recent leadership change and broader efforts to reduce costs and restructure operations across the media giant as the company adapts to changing advertising dynamics, streaming economics and corporate consolidation. The cuts are likely to affect both creative and corporate staff functions tied to promotion and communications.