Official announcements from Disney, reputable news sources like Variety or The Wall Street Journal

Disney Lays Off 75 Staffers at ABC News, Local Stations, and Eliminates 30 Jobs

Oct 2, 2024, 02:56 PM

Disney is undergoing a series of cost-saving measures, which includes consolidating studios that produce TV shows and eliminating about 30 jobs, as well as laying off approximately 75 staffers at ABC News and its local stations. This move follows earlier cuts in Disney's entertainment division, including a consolidation between Hulu and ABC, and the layoff of 300 employees in corporate and administrative roles. The layoffs at ABC News and local stations are part of Disney's broader strategy to adapt to a challenging operating environment. Almin Karmehmedovic, the new president of ABC News, communicated to staff that these decisions are necessary to shape a team that embraces the new media landscape. The information was reported by Variety.