It feels like at least once a week, we’re talking about layoffs at The Walt Disney Company. Just days ago, a state filing revealed 159 layoffs at Walt Disney Imagineering. Before that, there were reports of restructuring in Disney’s TV division. And now, another round of cost-cutting appears to be on the way. Honestly, it’s very saddening to see.This week, a new report claims Disney is moving toward thousands of job cuts across the company. Behind every one of those numbers are real people. Families will be directly affected, and many extremely talented individuals who help create the movies, shows, and theme park experiences we love could lose their jobs. That’s a hard thing to think about, especially heading into the holiday season.As a theme park fan, it’s tough to balance the love for the parks with the bad feeling these constant layoffs leave behind. Disney has a way of making fans feel like part of the family. But news like this is a reminder that Disney isn’t our friend. At the end of the day, it’s a company looking out for itself. Here’s what we know about the latest reports and what Disney leadership has said about the ongoing cuts.Credit: Emmanuel Detres, Inside the MagicWhat the New Report SaysAccording to Bloomberg, Disney is moving toward thousands of job cuts, with some managers being asked to target 20% in annual cost savings.Sources familiar with the matter told Bloomberg that those savings could come from:Job eliminationsExpense reductionsThe sources asked not to be named because the discussions are private. A Disney representative declined to comment on the report.Which Parts of Disney Could Be AffectedDisney’s business covers a huge range of operations, including theme parks, TV networks, and the movie studio. According to the report, some of those areas will be affected disproportionately, though it isn’t clear yet which ones will take the biggest hit.For theme park fans, that uncertainty is worrying. After the recent Imagineering layoffs, it’s hard not to wonder what else could change behind the scenes.Where the Savings Could GoThere is one detail in the report that may matter to fans. CEO Josh D’Amaro reportedly plans to reinvest part of the savings into:Film and TV programmingTechnologyTheme parksDisney Cruise LineSo while cuts are coming, some of that money may go back into the experiences fans care about most. That doesn’t make the layoffs any easier for the people affected, but it does give a sense of where Disney’s priorities are heading.Credit: DisneyDisney’s Growth PromiseThe report also notes that Disney has promised double-digit growth in adjusted earnings per share for the current fiscal year. Cost-cutting is one way companies try to hit targets like that.That’s part of why these layoffs feel so frustrating to many fans. Disney is still a massive, profitable company, but it continues to look for ways to cut costs and boost earnings.Disney’s History of CutsThis isn’t new. Over the past few years, Disney has cut billions of dollars in costs and eliminated thousands of positions. Those reductions have hit every major division, including:ABCPixar Animation StudiosESPNDisney’s film studiosDisney ExperiencesAt the end of its last fiscal year, Disney employed about 231,000 people worldwide.Credit: Inside the MagicOn October 1, The Wall Street Journal reported that Disney was planning a restructuring of its TV division, along with cuts in its legal and global affairs unit. And just last week, layoffs were reported at Walt Disney Imagineering in Glendale.What Dana Walden Said About the LayoffsThe topic of constant layoffs came up last month at the Bloomberg Screentime conference in Los Angeles. On October 1, Disney President and Chief Creative Officer Dana Walden was interviewed by Lucas Shaw.Shaw pointed out that Disney seems to be cutting people and restructuring every six months and asked how there were still people left to let go after thousands of layoffs.Credit: DisneyWalden called it “the snarkiest possible version of this question” and said Disney is not firing people every six months. She also noted that layoffs have happened at other companies, including Warner Bros. Discovery and Paramount.She went on to say that “there is a need to constantly evaluate how you’re structured and how big is the organization. Technology set their sights on our business, and we must survive and thrive and grow, and that’s what we’re going to do.”It’s Not Just DisneyDisney isn’t the only entertainment company making cuts. Netflix, Sony Pictures Entertainment, Paramount, and Warner Bros. have also cut jobs.The industry is changing quickly. Traditional TV revenue is declining, streaming subscriber growth is slowing, and more viewers are spending time on social media, online videos, and streaming services from tech giants like Amazon and Apple.Why This Hurts Fans TooFor many fans, Disney is more than a company. It’s tied to childhood memories, family vacations, favorite movies, and traditions that span generations. That emotional connection is exactly why layoffs like these feel so personal.But it’s important to remember that the magic we experience comes from people. Imagineers, animators, writers, Cast Members, and countless others make Disney what it is. When those people lose their jobs, it’s a loss for everyone who loves Disney.Holding Two Feelings at OnceIt’s okay to love the parks and still feel frustrated with the company. Both can be true. Fans can enjoy a day at Magic Kingdom while also recognizing that Disney’s decisions affect real lives.Our thoughts are with everyone who may be impacted by these cuts.How are you feeling about the latest Disney layoff reports?The post Disney Reportedly Targeting 20% in Cuts Across the Company appeared first on Inside the Magic.