Disney’s Latest Layoffs Reflect Streaming Shift as Company Cuts Costs, Focuses on Profitability
1 Articles
1 Articles
Disney’s Latest Layoffs Reflect Streaming Shift as Company Cuts Costs, Focuses on Profitability
The Walt Disney Company is continuing its aggressive cost-cutting measures, laying off approximately 200 employees across ABC News, Freeform, and FX. These cuts, which primarily affect its news and television divisions, mark the latest in a series of job reductions as Disney works to streamline operations and focus on its streaming and direct-to-consumer (DTC) businesses. ABC News saw the bulk… Source
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