Disney Cuts Workers While Parks Rake in Billions

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Disney Cuts Workers While Parks Rake in Billions

This week, Disney launched its fourth round of layoffs since mid-2024—cutting hundreds of jobs across marketing, finance, and TV development, with the heaviest impact in Los Angeles. These aren’t struggling divisions. These are the engines behind the movies and stories we all grew up with.

And yet—ironically—this comes just weeks after Disney reported stronger-than-expected earnings. The driver? Not streaming. Not film. But “experiences”—those highly-priced theme parks that rake in billions while employees are quietly ushered out the back door.

Bob Iger returned as CEO promising to cut $7.5 billion. Since then, over 7,000 jobs have vanished. Whole teams dissolved. Departments restructured. But the parks? They’re thriving. Tickets cost more than ever. And your childhood memories? They’re part of a corporate machine that’s learned how to spin nostalgia into revenue.

So, what does it say when a company profits off family, fantasy, and magic—while gutting the very people who create it?

Is this smart business—or cultural betrayal?

Are we supporting a dream factory, or just another cold corporation?

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#disneylayoffs #bobiger #corporategreed #disneynews #mediajobcuts