The Walt Disney Company has agreed to pay $60 million to 66 former employees of an artificial intelligence startup that filed for bankruptcy. The agreement comes weeks after a wave of technology layoffs.
The filing details a settlement between Disney and the employees of the bankrupt company, which has not been named in the report. The total payout amounts to approximately $909,091 per employee.
The news was reported by Benzinga on October 16, 2026, noting that the transaction follows a period of significant workforce reductions in the technology sector.