Disney plans to cut 1,000 jobs, WSJ reports

 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.