{"id":1046539,"date":"2026-11-03T07:42:47","date_gmt":"2026-11-03T02:12:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1046539"},"modified":"2026-11-03T08:12:09","modified_gmt":"2026-11-03T02:42:09","slug":"disney-weighs-sweeping-layoffs-with-thousands-of-jobs-at-risk-as-ceo-josh-damaro-targets-20-cost-cuts","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/03\/disney-weighs-sweeping-layoffs-with-thousands-of-jobs-at-risk-as-ceo-josh-damaro-targets-20-cost-cuts\/","title":{"rendered":"Disney weighs sweeping layoffs, with thousands of jobs at risk as CEO Josh D&#8217;Amaro targets 20% cost cuts"},"content":{"rendered":"<p>Walt Disney is considering cutting thousands of jobs and has asked some managers to target 20% in annual cost savings, Bloomberg News reported on Monday, citing people familiar with the matter. <\/p>\n<p>The reported restructuring effort comes as CEO Josh D&#8217;Amaro navigates challenges including the growing use of AI, weaker box office revenue, intensifying competition from streaming rivals and a slowdown in international attendance at the entertainment company&#8217;s theme parks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Walt Disney is considering cutting thousands of jobs and has asked some managers to target 20% in annual cost savings, Bloomberg News reported on Monday, citing people familiar with the matter. The reported restructuring effort comes as CEO Josh D&#8217;Amaro navigates challenges including the growing use of AI, weaker box office revenue, intensifying competition from streaming rivals and a slowdown in international attendance at the entertainment company&#8217;s theme parks.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,4,10],"tags":[],"class_list":["post-1046539","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1046539"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046539\/revisions"}],"predecessor-version":[{"id":1046562,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1046539\/revisions\/1046562"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1046539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1046539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1046539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}