Disney is preparing for a significant round of layoffs, potentially affecting thousands of employees across various divisions as the company aims to achieve 20% cost savings. Reports indicate that managers have been instructed to target this reduction, which comes in the wake of recent layoffs within the Experiences division, where 159 jobs were cut. As Disney navigates these changes, it faces pressure to balance cost savings with ongoing investments in content and park expansions. Investors are closely monitoring the situation as Disney seeks to optimize its operations amidst shifting project priorities.