# Disney moves toward thousands of job cuts, asks some managers to target 20% annual savings

https://mins.news/en/item/126337

- Bloomberg News, 2026-11-03 00:59 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-11-03/disney-eyes-thousands-of-layoffs-with-managers-asked-to-cut-20

> Disney is moving toward cutting thousands of jobs and has asked some managers to aim for 20% in annual cost savings, according to people familiar with the matter.

## Related coverage

- [Disney plans thousands of layoffs, seeks 20% cost savings](https://mins.news/en/video/128015) — Bloomberg Television, 2026-11-03
