All articles tagged with #josh damaro
Disney is reportedly cutting up to 1,000 positions—primarily in marketing—as Josh D’Amaro takes the CEO reins, a move following Bob Iger’s return; the layoffs come from a workforce of about 231,000 and reflect broader industry cost-cutting.
Disney plans up to 1,000 layoffs, largely in the marketing division, as it enters another cost-cutting phase under CEO Josh D’Amaro. The move follows a 2023 restructuring that cut about 7,000 jobs after Bob Iger’s return, and a January consolidation that placed all marketing under Asad Ayaz.
Disney is reportedly planning to cut up to 1,000 positions in the coming weeks, with most reductions in the experiences division (theme parks and cruise lines) following prior layoffs in ESPN and the entertainment unit. ESPN is said to trim about 30 roles. The Wall Street Journal notes some cuts may stem from merging Disney+ and Hulu into one app. Disney employed roughly 231,000 people at the end of fiscal 2025, so the cuts would represent a small fraction of the workforce; this continues a multi-year restructuring that has eliminated over 8,000 jobs since 2022.
Disney plans to cut up to 1,000 jobs in the coming months as the first layoffs under new CEO Josh D’Amaro, largely tied to consolidating marketing across film, TV and streaming. The company’s global headcount is about 230,000, many of whom are part‑time theme park workers. The move follows extensive reductions (roughly 8,000 roles) under Bob Iger between 2023 and 2025, and comes as Disney continues cost‑cutting and restructuring; Disney declined to comment on the report.
Disney completed a notably smooth CEO transition: Bob Iger stepped down after two tenures and over 50 years with the company, Josh D’Amaro was named the eighth CEO, and most top executives stayed in place, with an open, outsider-led search led by James Gorman guiding the process.
New Disney CEO Josh D’Amaro addresses the high ticket prices at Disney Parks in today’s daily recap, noting discussions around Disability Access Service with no promises to change, and marking the leadership transition after Bob Iger’s resignation.
Disney is transitioning to a new leadership era as Josh D’Amaro succeeds Bob Iger, capping Iger’s two-decade tenure with marquee deals (Pixar, Marvel, Lucasfilm, Fox) and global expansion; Iger’s farewell remarks at the shareholder meeting set the stage for D’Amaro and Walden to steer a refreshed strategy—strong creative, profitable streaming, ESPN’s digital future, and enhanced experiences—while Iger pursues an advisory/investor role rather than an operator position.
Disney CEO Josh D'Amaro told shareholders that Disney Parks pricing will emphasize a range of options to balance value, guest satisfaction and attendance, citing a $50 kids ticket offer for ages 3–9 and promotions like free dining, as the company pursues a $60 billion, 10-year investment plan that includes new developments such as a park in Abu Dhabi and ongoing efforts to manage daily attendance and guest experience.
Disney’s handoff from Bob Iger to Josh D’Amaro unfolds as a remarkably drama-free, transparent transition, with key executives like Dana Walden staying in place and a stable new org chart signaling a steady path forward for the company.
Bob Iger steps down as Disney’s CEO after nearly two decades, handing the reins to Josh D’Amaro who pledges to keep Disney+ central to growth and pursue a unified, 'One Disney' strategy across media, sports, parks, and streaming; Iger will remain as a senior adviser through 2026.
Bob Iger officially hands the Disney CEO baton to Josh D’Amaro, ending his return tenure; he will remain a special adviser through the end of 2026 while the successor leads, and Iger maps his post-Disney plans—sailing his yacht Aquarius and owning Angel City FC—amid ongoing speculation about his future advisory or investment roles in tech and entertainment.
Bob Iger steps down as Disney's CEO, with Josh D’Amaro taking over after a February 2 board vote and a March 18 handoff. Iger will stay on as Senior Advisor until December 31, 2026. D’Amaro, formerly head of Disney Experiences, is tasked with uniting creativity and technology across Disney’s brands, and the company announces additional leadership changes, including Dana Walden becoming President & Chief Creative Officer.
Disney named Josh D’Amaro, a 28-year veteran who led Disney Experiences, as its next chief executive, making him the ninth CEO in the company’s history. The piece highlights five key aspects of D’Amaro: his ability to connect with people, a hands-on yet delegating leadership style, an emotional reaction to winning the job, a substantial pay package tied to the promotion, and his artistic roots and Georgetown education that shaped his business path.
Variety profiles Josh D’Amaro on becoming Disney’s CEO, detailing how his people‑first, risk‑taking leadership aims to steer the company through an AI‑driven content era, revived attention to Star Wars and Marvel franchises, and a streaming world where cable profits fade. The piece also weighs the financial headwinds (debt and a heavy emphasis on Parks/Experiences), the role of Dana Walden and Alan Bergman in the creative side, and the strategic moves—gaming, international expansion, and price considerations—needed to sustain Disney’s brands while navigating a shifting media landscape.
Outgoing Disney CEO Bob Iger and incoming CEO-to-be Josh D’Amaro were photographed at Disneyland as Iger announced D’Amaro’s forthcoming appointment; D’Amaro will become CEO at the March 18, 2026 annual meeting, with a director appointment following, while Dana Walden was named President & Chief Creative Officer. D’Amaro has led Disney Experiences and overseen the company’s parks, resorts, and cruise operations among other units during a long tenure.