Disney's international operations at risk as company pushes for cost-cutting measures
Disney's international opera...
Subscribe to Newsletter

Disney's international operations at risk as company pushes for cost-cutting measures

4 April 2023
2 min.
Disney's international operations at risk as company pushes for cost-cutting measures

Disney to cut jobs and costs internationally

According to inside and outside sources, Disney is expected to make redundancies and budget cuts soon, with plans currently being finalized.

Disney+ employs around 5,000 people globally, with 40% based in Hammersmith, West London. The content team responsible for the platform's extensive library operates from London, led by EVP Diego Londono. The company also has local experts across Europe and Asia and boots on the ground in key territories to enhance customers' viewing experience.

Disney CEO Bob Iger recently visited London and met with staff and visited studios where Disney films are being shot. The company's shareholder meeting took place yesterday, and the first of three rounds of layoffs started last week as CEO Bob Iger seeks $5.5BN in cost savings.

The recent announcement of layoffs proposed by Iger in February has caused concern among employees, especially those who report to Rebecca Campbell, Chairman of International Operations.

It's possible that nervousness is due to her impending departure, which was announced just one day after news of layoffs broke. Reports suggest that international teams, as well as marketing and legal departments, are most likely to be affected by these layoffs. It's unclear whether the international layoffs will be in addition to the 7,000 previously mentioned.

In June, Campbell is expected to leave her position, and so far, no announcement has been made regarding her successor. Campbell is recognized for her success in launching Disney+ in several regions, such as Europe, the Middle East, Latin America, and Asia, and for her oversight of Star+ in Latin America. After 26 years, she is leaving her role.

Disney+’s key international originals include Extraordinary, Oussekine, and The Ignorant Angels. Shows in production include A Thousand Blows penned by Steven Knight and starring Stephen Graham, Malachi Kirby, Nautilus, and an Australian adaptation of The Artful Dodger.

Disney is gearing up for Star Wars Celebration Europe this week in London. Deadline Hollywood noted that Disney declined to comment on the cuts. As the situation develops, more information on the names and headcount details of those affected is expected to emerge.

Persons6 and Companies4 in the news

British actor and writer
1 place
British actor
2 place
British screenwriter
3 place
Chairman, International Content and Operations at Walt Disney Company
4 place
Executive Vice President, Media Networks and Content at Walt Disney Company
5 place
Chief Executive Officer of The Walt Disney
6 place
1 place
2 place
Rating companies
16 Mention
14 Mention
13 Mention
Ford Motor Company
11 Mention
JP Morgan Chase
10 Mention
9 Mention
White House
8 Mention


News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova

Development Director
Died this year
Born this year