# Disney plans thousands of layoffs and asks some managers to cut costs by up to 20%

https://mins.news/en/item/127718

- CNBC, 2026-11-03 17:05 UTC
- Economy
- Original: https://www.cnbc.com/2026/11/03/disney-layoffs-cost-cuts.html

> Disney expects to eliminate several thousand jobs in its latest round of cuts. The entertainment giant has also asked some managers to reduce costs by as much as 20%.

## Related coverage

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