Around 300 jobs gone in latest round of Disney lay-offs

Disney CEO Josh D’Amaro at the Mouse House’s upfront

American media giant Disney has made around 300 job cuts, its third major round of lay-offs under CEO Josh D’Amaro who was installed in March.

The latest round of cuts is concentrated primarily in its human resources and information technology departments, according to reports.

Over the summer, Disney execs had hinted that more lay-offs were on the horizon, despite the fact the media company has already made two hefty rounds of cuts this year.

In April, it laid off around 1,000 employees as it consolidated its marketing operations across entertainment, experiences and sports. Three months later, several hundred other jobs were eliminated, with Nat Geo, Pixar, ABC News and ESPN among the brands hit.

This new round of lay-offs means Disney has now cut more than 1,500 jobs this year. Elsewhere, Sony Pictures Entertainment cut several hundred jobs as part of a global reorganisation in April, while the industry is bracing for thousands of lay-offs when Paramount Skydance and Warner Bros Discovery complete their merger, which is still awaiting final approval.

While it is downsizing in terms of US-based personnel, it has also pledged to triple the number of international originals it produces for its streaming service Disney+, following the success of local titles such as Rivals in the UK.