Disney Cuts 200 Jobs, Shuts Down FiveThirtyEight, and Restructures ABC News Programming

The layoffs, representing nearly 6% of staff, reflect Disney's shift from traditional TV to digital platforms amid industry challenges.

The Walt Disney Company is laying off approximately 200 employees across its ABC News Group and Disney Entertainment Networks, representing nearly 6% of combined staff.
ABC News is consolidating its flagship programs, including merging 'Good Morning America' with 'GMA3' and combining '20/20' with 'Nightline,' resulting in job losses.
The political and data-focused news site FiveThirtyEight, founded by Nate Silver, is being shut down, with 15 staff members losing their positions.
Disney's restructuring efforts aim to address declining cable TV audiences and shifting resources toward digital and streaming platforms, as Disney+ faces subscriber losses.
The layoffs come as part of broader industry challenges, with other media companies like E.W. Scripps and Tegna also announcing job cuts in recent weeks.