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Disney is laying off just under 200 staffers across its TV and ABC News operations, the latest in a series of cuts to its employment base as it navigates more difficult terrain for media companies.
The Walt Disney Co. is reportedly laying off around 200 employees, or just under 6% of the combined staff at its ABC News Group and Disney Entertainment Networks units.
ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenue for traditional television. Workers were told of the cuts Wednesday.
Discover how Disney's workforce reduction of 200 positions, including key changes at ABC News & Disney Networks, impacts its ...
Disney is cutting nearly 6% of staff across its ABC News and Disney Entertainment Networks units, a person with knowledge of the situation told USA TODAY. The layoffs will affect under 200 ...