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Disney to cut nearly 6% staff across two units, source says: WSJ

The Walt Disney Company is reportedly laying off around 200 positions in its ABC News Group and Disney Entertainment Networks divisions.
These layoffs represent almost 6% of the total staff across both units, as reported by the Wall Street Journal.
Disney has faced a decline in both revenue and profit from its broadcast and cable TV sectors.

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The Epoch Times

Disney Lays Off Nearly 200 Employees at ABC News, Disney Entertainment Networks

The Walt Disney Co. is cutting nearly 200 jobs across its ABC News Group and Disney Entertainment Networks unit, representing less than 6 percent of the combined workforce, The Epoch Times has learned. The majority of the layoffs are hitting ABC News, with most affected employees based in New York, a person familiar with the decision who was not authorized to speak publicly told The Epoch Times. In additiona, Disney is winding down FiveThirtyEig…

4 hours ago·New York, United States

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Zero Hedge

Woke Implodes: Disney Preparing To Fire 6% Of Staff At ABC News, Disney Entertainment Networks

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

6 hours ago·United States

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DNyuz

Nolte: Disney Slashes 6% of Staff, Shutters 538 Site — Another Leftist Propaganda Outlet Goes Down!

More layoffs have hit the Disney Grooming Syndicate, a wipe out of about 200 jobs, which represents six percent of the staff in two major divisions. “About 200 employees are being let go at Disney’s ABC News Group and Disney Entertainment Networks unit, people familiar with the matter” told the Wall Street Journal. “Ratings and revenue are down at many cable channels as consumers ditch cable packages and advertisers flee for streaming services a…

8 hours ago

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Reuters

Disney to cut nearly 6% staff across two units, source says

Disney is planning to reduce headcount by roughly 6% of the total workforce of ABC News Group and Disney Entertainment Networks, a person familiar with the matter said on Tuesday, as the entertainment giant grapples with declining TV audience.

8 hours ago·United Kingdom

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Breitbart

Nolte: Disney Slashes 6% of Staff, Shutters 538 Site -- Another Leftist Propaganda Outlet Goes Down!

More layoffs have hit the Disney Grooming Syndicate, a wipe out of about 200 jobs, which represents six percent of the staff in two major divisions. | Entertainment More layoffs have hit the Disney Grooming Syndicate, a wipe out of about 200 jobs, which represents six percent of the staff in two major divisions.

10 hours ago·United States

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