Why is Disney having layoffs?

The layoffs are part of Disney's cost-saving measures that will create a streamlined approach to our business, he wrote. Company officials said in a conference call last month that the job cuts, which represent roughly 3% of Disney's global workforce of 220,000, will save Disney roughly $5.5 billion.



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Disney layoffs 2023 are reportedly here once again, this time for a third round of job cuts. As per a report, the Bog Iger-led Disney is cutting some more jobs and notifying impacted employees this week. According to a CNN report, this round of Disney layoffs have impacted more than 2,500 employees.

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Popular on Variety. Disney reached its 7,000 layoffs goal, handing out notices to the remaining employees impacted in its third round of job cuts last Friday ahead of the Memorial Day holiday weekend, Variety has confirmed.

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These rounds of job cuts reportedly impacted people at ESPN, Disney's entertainment division, Disney Parks and so on. Disney's CEO Bog Iger, in February, announced that the media and entertainment giant would be trimming close to 7,000 jobs from its global workforce in three rounds.

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Meanwhile, travel agents have pointed to higher ticket prices as a major factor in declining theme park attendance. On top of that, trips to Europe appear to be cannibalizing demand for domestic theme parks this year — likely both contributing to the downturn.

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The first two waves of layoffs took place in March and April, eliminating roughly 4,000 jobs, including at ESPN, Disney's entertainment division, Disney Parks, and its Experiences and Product division.

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She was forced to live out of her car in a Magic Kingdom employee parking lot. “A conservative survey of Magic Kingdom Cast Members, full-time, found out that ten percent of Magic Kingdom Cast Members are currently homeless,” Jessica explained. “And the problem has only gotten worse since the shutdown.”

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Employees are calling for better working conditions and higher wages to account for inflation. The first strike took place on 23 May and saw 500 “cast members” walk out on the job, out of 17,000 total employees at the park.

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Changes at the Walt Disney Company There have been so many changes within the Walt Disney Company over the past few months. The biggest surprise came with the exit of former Disney CEO, Bob Chapek, back in November 2022.

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The Walt Disney Company pays its employees an average of $23.19 an hour. Hourly pay at The Walt Disney Company ranges from an average of $15.61 to $46.63 an hour.

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The layoffs are spread throughout the company, affecting roles in the units formerly known as Disney General Entertainment and Disney Media and Entertainment Distribution, as well as corporate positions and jobs in the theme parks, experiences and consumer products business, according to people familiar with the matter ...

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Capacity vs Attendance Disney does not release capacity limitations, but most estimates put Magic Kingdom capacity anywhere from 85,000 up to 100,000 guests at a time before the park is closed to all new guests.

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Based on events and traffic of years past, the least crowded days to visit Disney World in 2023 are:
  • Mar. 1-5.
  • Apr. 24-30.
  • May. 1-7, May. 8-15.
  • All of August.
  • All of September.
  • Oct. 1-6, Oct. 9-15, Oct. 16-20, Oct. 23-27.
  • Nov. 1-6, 27-30 (avoid Thanksgiving week)
  • Dec. 1-3, Dec. 4-10 (avoid Christmas and New Year's Eve)


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Typically, the least busy time at Disney World is late August and September, but there are other times you can catch low crowds too!

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Although Disney has competitive programs like the Disney College Program, many locals and Disney-lovers alike are easily able to land a position with the company as long as they have the proper experience. The hiring process is like that of many other theme park jobs.

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