Disney job cuts test Josh D'Amaro's cost and growth plans

Disney plans to cut about 1,000 jobs, mainly in its marketing division, under CEO Josh D'Amaro as part of 'Project Imagine'. Undetermined at this time.

Disney announced plans to cut about 1,000 jobs, mainly in its marketing division. The change is part of "Project Imagine," described as a reorganization of marketing across film, TV and streaming. The company said this is the first major operational change since Josh D'Amaro became CEO. Disney has removed more than 8,000 roles since 2022, and this action adds to that total. Known details: - The article reports about 1,000 positions will be cut, concentrated in marketing. - The reductions are described as part of "Project Imagine," a marketing reorganization across film, TV and streaming. - The piece notes this is the first major operational change under CEO Josh D'Amaro and mentions the possibility of future disclosures on one-time restructuring costs and segment-level profitability. Summary: This announced change marks an early operational move under CEO Josh D'Amaro and targets how Disney organizes marketing across its entertainment units. It adds to workforce reductions the company has made since 2022. Undetermined at this time.