The layoffs, which hit hundreds of workers in television, film and corporate finance, come three months after the company shed 200 workers in TV.

Walt Disney is one of many media companies looking to revamp its business strategy to pivot from cable to streaming platforms.

The cuts come just a few months after Disney laid off nearly 200 staffers across its TV and ABC News operations in March, after the company let go 75 across ABC News and local stations in October 2024. Last September, the company let go about 300 employees across multiple corporate departments, including HR, legal and finance in the U.S.