DIS Stock Heads For 7th Losing Month This Year: Disney Reportedly Cuts Hundreds More Jobs

• The latest layoffs are mainly in the company’s human resources and IT departments across corporate and divisions.
• This marks the third round of layoffs at Disney this year under recently appointed CEO Josh D’Amaro.
• DIS stock is headed for a seventh month of declines in 2026. 

Shares of Walt Disney Co. (DIS) are headed lower in September, on track to clock their seventh month in the red in 2026. Meanwhile, media reports suggest that the company is making more job cuts across multiple departments. 

According to a report from Variety, which cited a source familiar with the matter, the media company is shedding a few hundred employees across multiple departments. 

The latest layoffs are predominantly in the company’s human resources and IT departments across corporate and different divisions, according to the report. 

Disney’s Job Cuts Come Amid Cost Reduction Efforts

This marks the third round of layoffs at Disney this year under recently appointed CEO Josh D’Amaro as the company remains focused on reducing costs to stimulate growth. 

While announcing quarterly results in August, D'Amaro said the company was working to "create incremental capacity to invest for growth" and was "evaluating a variety of levers," signaling more cuts ahead.

In April, Disney cut back roughly 1,000 jobs across marketing, studios, television, ESPN, products and technology and corporate functions, as new CEO Josh D’Amaro moved to consolidate operations and build a more “agile and technologically-enabled” workforce. 

In July, the company eliminated several hundred more positions, including Pixar, National Geographic, ESPN, and other corporate functions. In August, Disney offered early-retirement buyout packages to longtime senior executives as part of its broader cost-cutting efforts. 

Disney Raises Prices In September 

The streaming company also raised prices on several Disney+ and Hulu plans on Sept. 23, according to the company’s official Disney+ Help Center. The new pricing applies immediately to new subscribers, while existing subscribers will see the increases from billing cycles beginning Oct. 21. 

The standalone Disney+ ad-supported plan rose from $11.99 per month to $12.49 per month, while Disney+ Premium increased from $18.99 per month to $21.49 per month, with higher prices also introduced across select Disney+/Hulu bundles.

DIS Stock: Retail Stance

On Stocktwits, retail sentiment around DIS stock jumped from ‘bullish’ to ‘extremely bullish’ over 24 hours. 

The company's shares are down nearly 6% so far in 2026. 

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