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Market
Will National Geographic announce a new major content initiative by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from National Geographic, major news outlets
Story
Disney Cuts 140 Jobs in TV Division, National Geographic Loses 13% of Staff
Jul 31, 2024, 06:33 PM
On July 31, Disney implemented a new round of job cuts within its television division, affecting approximately 140 employees, which represents about 2% of the Disney Entertainment Television (DET) workforce. National Geographic is the hardest hit, losing about 13% of its staff, which translates to roughly 60 employees. Other areas impacted include Freeform, local TV stations, and the marketing and publicity departments. The layoffs are part of Disney's broader strategy to reduce costs amid a challenging business environment.
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Similar markets
Yes • 50%
No • 50%
Yes, a new major initiative • 25%
Yes, minor adjustments only • 25%
No new initiatives • 25%
Other • 25%
Restored on Paramount+ • 33%
Moved to another platform • 33%
Not restored • 33%
