Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts
Published . Updated .
Covered by 2 outlets: TheWrap, Yahoo Finance.
Who covered it: Center 1 · Not rated 1. How we rate outlets
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The Walt Disney Company is reportedly looking at eliminating thousands of positions and has asked some managers to target 20% in annual cost savings.
Directly affected
- DIS Walt Disney+10.4% 30d
Named in this report.
Indirectly affected
- XLY Consumer Discretionary Select Sector SPDR+5.7% 30d
Consumer Discretionary Select Sector SPDR holds the consumer sector that The Walt Disney belongs to, so it often moves with news about it.
- DKNG DraftKings+19.3% 8d
DraftKings is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- MSGS Madison Square Garden Sports-4.3% 14d
Madison Square Garden Sports is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- MTN Vail Resorts+13.2% 30d
Vail Resorts is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- RSI Rush Street Interactive-40.2% 30d
Rush Street Interactive is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
- MSGE Madison Square Garden Entertainment-5.7% 10d
Madison Square Garden Entertainment is a peer of The Walt Disney in miscellaneous amusement and recreation; rivals often move on the same news.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| DIS | -2.56% | -1.97% | base | +0.95% | +5.34% | +3.66% | +3.17% |
| XLY | -2.29% | -1.67% | base | -0.69% | +3.55% | -0.68% | -0.50% |
| DKNG | -4.75% | -5.00% | base | +0.64% | +6.88% | +8.00% | -15.15% |
| MSGSNo price data for this ticker | — | — | — | — | — | — | — |
| MTN | -2.23% | -0.23% | base | -0.94% | +2.98% | +2.32% | +2.45% |
| RSI | +35.03% | +19.49% | base | +10.10% | +8.34% | +4.43% | +7.81% |
| MSGE | -0.59% | +1.99% | base | +0.09% | -2.42% | -4.78% | -2.87% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts TheWrap
Source: TheWrap
This story
| Company | When | Move | Status |
|---|---|---|---|
| DIS | that day | +0.95% | final price |
| DIS | the next day | +5.34% | final price |
| DIS | two days later | +3.66% | final price |
| DIS | three days later | +3.17% | final price |
| DIS | three days earlier | -1.97% | final price |
| DIS | five days earlier | -2.56% | final price |
| DKNG | that day | +0.64% | final price |
| DKNG | the next day | +6.88% | final price |
| DKNG | two days later | +8.00% | final price |
| DKNG | three days later | -15.15% | final price |
| DKNG | three days earlier | -5.00% | final price |
| DKNG | five days earlier | -4.75% | final price |
| MSGE | that day | +0.09% | final price |
| MSGE | the next day | -2.42% | final price |
| MSGE | two days later | -4.78% | final price |
| MSGE | three days later | -2.87% | final price |
| MSGE | three days earlier | +1.99% | final price |
| MSGE | five days earlier | -0.59% | final price |
| MTN | that day | -0.94% | final price |
| MTN | the next day | +2.98% | final price |
| MTN | two days later | +2.32% | final price |
| MTN | three days later | +2.45% | final price |
| MTN | three days earlier | -0.23% | final price |
| MTN | five days earlier | -2.23% | final price |
| RSI | that day | +10.10% | final price |
| RSI | the next day | +8.34% | final price |
| RSI | two days later | +4.43% | final price |
| RSI | three days later | +7.81% | final price |
| RSI | three days earlier | +19.49% | final price |
| RSI | five days earlier | +35.03% | final price |
| XLY | that day | -0.69% | final price |
| XLY | the next day | +3.55% | final price |
| XLY | two days later | -0.68% | final price |
| XLY | three days later | -0.50% | final price |
| XLY | three days earlier | -1.67% | final price |
| XLY | five days earlier | -2.29% | final price |
Trades by members of Congress and officials in the stocks in this story
- Donald J Trump, an executive branch official, bought Walt Disney (DIS), worth $1,001 - $15,000 on 24 Aug 2026. That is 71 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Walt Disney (DIS), worth $500,001 - $1,000,000 on 21 Aug 2026. That is 74 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Walt Disney (DIS), worth $15,001 - $50,000 on 17 Aug 2026. That is 78 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts” looks
25 out of 100
“Disney Eyes Thousands of Layoffs in Push for 20% Cost Cuts” scores 25 out of 100. The score uses 2 sources.