Blue chip bloodbath as Disney lays off 1,000 and Condé hints at cuts
Share this @internewscast.com

This week, The Walt Disney Company initiated a significant wave of layoffs, coinciding with potential similar actions from Condé Nast, a leading name in the magazine industry.

On Tuesday, Disney’s newly appointed CEO, Josh D’Amaro, revealed in a memo that the company would be parting ways with approximately 1,000 employees. This move was attributed to the company’s need to adapt to the rapidly evolving industry landscape.

D’Amaro explained that the swift changes in their sectors necessitate a continuous reevaluation to develop a workforce that is more agile and equipped with advanced technological capabilities to meet future demands.

Similarly, Condé Nast’s CEO, Roger Lynch, conveyed in a memo on Thursday that the company is also contemplating adjustments.

Lynch mentioned that updates in their technology division are imminent, driven by the rapid advancement of artificial intelligence and its influence on their capacity to innovate and accelerate product development.

He emphasized that teams will be reorganized to enhance agility, fostering closer collaboration with their brands and customers, thereby streamlining execution processes.

The C-suiter said Condé’s long-running title Self will also soon close. A Condé spokesperson declined to comment.

Glamour’s editor in chief for the past four years, Samantha Barry, is also on the way out, she announced on Instagram.

The Walt Disney Company underwent a massive round of layoffs this week, affecting roughly 1,000 employees. The job losses were addressed in an email by new Disney CEO Josh D'Amaro

The Walt Disney Company underwent a massive round of layoffs this week, affecting roughly 1,000 employees. The job losses were addressed in an email by new Disney CEO Josh D’Amaro

Glamour's editor in chief for the past four years, Samantha Barry, has resigned, she wrote on Instagram Thrusday. The Irish media exec wrote she was pursuing new things

Glamour’s editor in chief for the past four years, Samantha Barry, has resigned, she wrote on Instagram Thrusday. The Irish media exec wrote she was pursuing new things

‘Sharing some personal news. After eight phenomenal years at Glamour I’m stepping away,’ the 46-year-old Irish media exec wrote.

Barry said that ‘as the title’s business model evolved,’ she ‘made clear’ to longtime Vogue and Condé Nast chief Anna Wintour ‘that this was the right moment to leave.’

She said that she was ‘pursu[ing] new projects.’

Self’s content, meanwhile, will be folded into Condé’s other brands, the company said. The magazine became online-only in 2017. Its content had centered around health and wellness.

Late last year, Condé folded Teen Vogue into Vogue.com after 22 years.

Chloe Malle was named Vogue’s new head of editorial content a few months before, replacing the legendary Wintour. Titles like The New Yorker, Vanity Fair, and Wired were once under her remit.

At the time, a New York Times op-ed acknowledged the massive media shift.

A media mammoth once known for its dominance was visibly on the decline, the piece observed.

‘People no longer read print magazines the way they used to,’ correspondent Michael Grynbaum wrote. ‘[Vogue] still is a global brand… but now there are thousands of influencers and social media channels where people get ideas about dressing and glamor and clothing and taste.’

Barry said that 'as the title¿s business model evolved,' she 'made clear' to longtime Vogue and Condé Nast chief Anna Wintour'that this was the right moment to leave.' WIntour is seen here with her new replacement, Chloe Malle, in September of last year

Barry said that ‘as the title’s business model evolved,’ she ‘made clear’ to longtime Vogue and Condé Nast chief Anna Wintour’that this was the right moment to leave.’ WIntour is seen here with her new replacement, Chloe Malle, in September of last year

Disney and competitors like Sony, Paramount, and Warner Bros. have all cut staff recently. Pictured: A view of the The Walt Disney Company corporate headquarters, home of Walt Disney Studios, in Burbank in 2022

Disney and competitors like Sony, Paramount, and Warner Bros. have all cut staff recently. Pictured: A view of the The Walt Disney Company corporate headquarters, home of Walt Disney Studios, in Burbank in 2022

Disney, meanwhile, did away with staffers across its studios, TV networks, and product and technology and corporate groups, according to a Tuesday report from Variety. 

D’Amaro wrote the cuts will ‘streamline our operations in various parts of the company to ensure we deliver the world-class creativity and innovation our fans value and expect from Disney.’

Disney owns networks like ABC News. It has laid off more than 8,000 staffers since former CEO Bob Iger took the reins in 2022 once again following a short-lived retirement and disastrous CEO stint from Bob Chapek.

Layoffs have been widespread in media in recent years.

Competitors like Sony, Paramount, and Warner Bros. have made their own cuts.

More reductions are expected if Paramount closes its $111 billion acquisition of Warner. Disney had roughly 230,000 full and part-time employees in September 2025, Variety reported.

The Daily Mail approached Disney for comment.

Share this @internewscast.com
You May Also Like

Grief-Stricken Mother Chooses Assisted Dying in Switzerland: A Heartbreaking Journey

The sky is painted a magnificent shade of blue, and cherry blossoms…

Conductor’s Slip Sends £1M Violin Crashing: A Symphony Shocker Unfolds Onstage

During a concert, a rare and valuable violin was accidentally knocked from…

Inspiring Act of Sportsmanship: Boston Marathon Runners Unite to Help Exhausted Competitor Cross Finish Line

In the aftermath of the iconic Boston Marathon’s 130th running, two compassionate…

Medical Examiner Unveils Details of Fatal Injuries in Celeste Rivas Case, Age 14

A shocking revelation from the Los Angeles coroner’s office states that a…

Concerns Arise Over Infant’s Death in Case Involving Teacher and Partner’s Adoption

A foster mother who once nurtured a baby boy before he met…

Renowned Traffic Singer and British Rock Icon Dave Mason Passes Away at 79

Renowned musician Dave Mason, who gained fame as the lead vocalist and…

Bride’s Honeymoon in Japan Takes Unexpected Turn with Emergency Hospital Visit

A Texas nurse found herself in a dire situation while on her…

Anthony Albanese Considers Stricter Fuel Regulations: Potential Impact on Australian Consumers

Australia’s Prime Minister Anthony Albanese has assured the nation that the country’s…

Revealing Chilling Texts from Deceased UFO-Linked Scientist Sparks Global Intrigue and Questions

The mysterious deaths and vanishings of a group of prominent scientists have…

Controversial Dismissal: Minister Silent on Fairness of PM’s Decision in Mandelson Dispute

Keir Starmer is grappling with increasing pressure in the House of Commons…

Travelers Break Through Fence to Occupy Iconic Edinburgh Site

Travelers have taken over a storied site in Edinburgh, reportedly forcing their…

Unprecedented Mystery: Disappearance and Death of 12 American Scientists Raises Alarms

Monica Reza, a passionate hiker, mysteriously disappeared ten months ago while trekking…