CONFIRMED: Disney Announces MORE Layoffs

In 2023, The Walt Disney Company began restructuring, which resulted in over 7,000 layoffs within the company.

In May, a round of layoffs saw Pixar terminate about 14% of its workforce. However, over the past few months, we’ve seen even more layoffs within the company and that doesn’t seem to be stopping anytime soon.

In August, Disney laid off around 140 employees in its television division, affecting mostly National Geographic, Freeform, locally owned television stations, and the network’s marketing and publicity teams. In September, another wave of layoffs was reported as part of an ongoing “cost-saving initiative.”

Approximately 300 U.S.-based positions in corporate operations divisions including legal, HR, finance, and communications were cut shortly after that announcement.

According to Variety, another 75 employees will be laid off in Disney’s ABC News and local station operations. Disney’s ABC owns eight stations across the country, while the ABC News division includes programs like Good Morning America and World News Tonight.

At present, none of the anchors of ABC News’ most popular shows are expected to be affected by the layoffs. The layoffs also should not affect any programming at both the national and local level.

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