Don’t even stop to think about how much money Disney has. Between series, films, licenses, theme parks, cruises, and merchandising, they’ve got a ton (a real ton) of cash. In 2025 it made around 12.4 billion dollars in profit, and 2026, with a whole bunch of hits, isn’t going to lag behind. But of course: money always attracts more money and over at Disney they’ve decided it’s time for yet another round of cuts.
More cuts at Disney
This past April, Disney laid off more than 1,000 people, and it’s threatening to do the same again before long. Its chief legal officer, Horacio Gutiérrez, has basically made it clear today that AI is going to replace quite a few roles, and it seems like nobody’s going to do anything about it. If you can save yourself a few thousand dollars in your gigantic corporation, I guess that’s what you’re supposed to do, right?
That’s right: the legal department is going to be much smaller now because “it’s going through its own reinvention as technology reshapes how the work gets done. We will take an objective look at every aspect of how we do our work so that it’s more efficient and costs less”. And, of course, he’s already talking about “tough decisions” and “a smaller organization”. All of this while the price of Disney+ keeps going up and they’ve already announced that they’re going to slip ads in on us all the time. Just great.
How many people is Disney going to push out of their jobs before it feels satisfied? In April and July there were several rounds of layoffs, and now it’s another department’s turn. And honestly, it’s starting to be painful even for those of us who work in completely different places. Of course, Disney is the first of many companies about to lay people off, and the legal department isn’t going to be the only one to face the axe. The future stopped being bright a long time ago, except for those who are already millionaires.
