Disney plans several thousand layoffs, asks some managers to cut costs by up to 20%

Disney expects to lay off several thousand employees in the latest round of job cuts for the entertainment giant.

# Disney plans several thousand layoffs, asks some managers to cut costs by up to 20% Disney expects to lay off several thousand employees in the latest round of job cuts for the entertainment giant. **Read the full article:** [CNBC](https://www.cnbc.com/2026/11/03/disney-layoffs-cost-cuts.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*