The Incredible Shrinking Studio System

bob iger
Disney’s reduction of a couple hundred employees is only the latest in a semi-constant downsizing spree since Iger came back—he laid off 7,000 in early 2023, just after he returned, and there have been at least five separate mass-layoff announcements since then, at divisions from Pixar to ABC News, plus the silent trims and forced exits that don’t get written about. Photo: Michael Buckner/Variety via Getty Images
Matthew Belloni
June 6, 2025

It’s been a bit since I checked in with my Disney text chain, a small group of Burbank employees who added me to their chat—Trump administration-style, except on purpose—way back when all the drama surrounding former C.E.O. Bob Chapek was going down. That was arguably the heyday for disgruntled white-collar Disney workers, and since Bob Iger re-arrived in late 2022, the group has been semi-dormant, save for the occasional outburst about the ABC News settlement, or Kathy Kennedy, or Snow White.