Disney Cuts 6% of Workforce, ABC News Division Hit Hardest

Disney is set to lay off 6% of its workforce, affecting around 200 employees, with ABC News in New York bearing the brunt of the cuts. Impacted employees will be notified later today as part of the company’s ongoing efforts to reduce costs.

Reports indicate that ABC News Studios, including the production teams behind 20/20 and Nightline, will also be consolidated, signaling a shift in how the network produces its content.

This move comes amid a series of layoffs across Disney as the entertainment giant restructures its operations. The company has been streamlining its workforce over the past year, citing financial challenges and changing market dynamics.

Industry analysts suggest that Disney’s focus on cost-cutting and operational efficiency could lead to further adjustments in the coming months as the media landscape continues to evolve.

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