Blue chip bloodbath as Disney lays off 1,000 and Condé hints at cuts

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.

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