The ESPN, National Geographic, and Pixar divisions are among the most impacted according to Deadline, making this the second round of cuts this year since Josh D’Amaro took over the Disney CEO role in March. That Pixar blow comes despite Toy Story 5 earning almost $1 billion so far. [Link: Disney Cutting Several Hundred Jobs; Pixar And National Geographic Among Most Affected Divisions | https://deadline.com/2026/07/disney-layoffs-pixar-national-geographic-1236999275/ | Deadline]

Pixar and Nat Geo are said to be hit particularly hard in the latest round of cuts, with some high-profile talent also being let go at ESPN.

Pixar Animation Studios, despite riding high on the success of summer blockbuster "Toy Story 5," was hit particularly hard in a wave of corporatewide layoffs at Disney.