Disney Cuts 140 Jobs in Television Division Amid Cost-Cutting Efforts
National Geographic and Freeform are among the hardest hit as Disney aims to streamline operations and reduce expenses.
- Approximately 2% of Disney Entertainment Television's workforce has been laid off.
- National Geographic saw a 13% reduction, losing around 60 employees.
- The layoffs are part of Disney's broader strategy to save $7.5 billion.
- Other affected areas include ABC-owned stations, marketing, and publicity.
- Disney continues to face challenges with declining TV viewership and shifting media consumption habits.