Disney is cutting hundreds of employees across its human resources and technology departments, according to people familiar with the matter.

Since Josh D'Amaro took over as chief executive in March, Disney has seen a series of senior leadership changes, including the appointment of 25-year company veteran Paul Roeder as chief communications officer.

D'Amaro is taking the helm of the entertainment giant at a time when the industry is undergoing transformation driven by artificial intelligence, declining box office revenue, and increasingly intense competition from streaming rivals.

As of the end of fiscal year 2025, Walt Disney (DIS) had approximately 231,000 employees, with about 172,000 based in the United States and 59,000 working overseas.

In April of this year, Disney cut roughly 1,000 positions, affecting the marketing department, which had been restructured in January, as well as other parts of the business including film and television operations, ESPN, the product and technology division, and some corporate functions.

The company also carried out layoffs last year, affecting hundreds of employees in film marketing, television publicity, and the casting and development departments.

As part of former CEO Bob Iger's plan to cut $5.5 billion in costs, Disney eliminated 7,000 positions in 2023.