Disney Is Set to Eliminate Thousands of Jobs Starting Next Week

Walt Disney Co. plans to cut thousands of jobs next week, including about 15% of the staff in its entertainment division, according to people familiar with the plans.

The cuts will span TV, film, theme parks and corporate teams, affecting every region where Disney operates, said the people, who asked not to be identified because the details aren’t yet public. Some affected workers will be notified as early as April 24.

The company declined to comment. Shares were down 0.6% at $100.35 in pre-market trading amid a broader decline in stocks.

Disney said in February it planned to eliminate 7,000 ...