ABC News and Stations Lay Off 75 Employees Amid Industry Restructuring
The layoffs, affecting both national and local operations, are part of broader cost-cutting measures at Disney.
- ABC News and its owned local stations are laying off approximately 75 employees, split evenly between the two divisions.
- The layoffs are part of a broader strategy to adapt to the evolving media landscape and maintain sustainability.
- Disney has been undergoing significant restructuring, with recent layoffs affecting various departments, including legal, HR, and finance.
- Despite the layoffs, no programming or entire teams at ABC News or local stations will be eliminated.
- Executives emphasize the need for strategic decisions to navigate the industry's transformation and maintain a commitment to viewers.