Disney plans to cut 1,000 jobs, WSJ reports

April 8 (Reuters) - Walt ‌Disney ​is ​planning to cut as many as 1,000 positions in the ‌coming weeks, many of which will ⁠be made in the company's marketing department, ‌the Wall Street Journal ‌reported on Wednesday, citing sources.

The Journal said that plans for the coming ​job cuts began before Josh D'Amaro assumed his new role as ⁠Disney's chief executive officer in March.

The planned layoffs could ​affect less than 1% of its total employees. Disney employed about ​231,000 people as of ‌the end of fiscal year 2025.

Disney's newly appointed chief marketing ⁠officer, Asad Ayaz, also plans to unite the company's marketing group and reduce ⁠expenses under code-named Project Imagine, the report ​added. Ayaz began to oversee a newly created company-wide marketing organization in January.

Reuters could not ‌immediately verify the report. Disney did not immediately respond to ‌a Reuters request for comment outside ⁠regular business hours.

(Reporting ‌by Natalia ​Bueno Rebolledo in Mexico City; Editing by Sumana Nandy and Rashmi ‌Aich)

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