Entertainment giant Disney continues its budget-cutting efforts, with an additional 75 staff being laid off across ABC News and eight ABC-affiliated TV stations, according to reports.
of Thinning out According to The Wrap, the targets were individual employees at each company, and no teams were cut this time.
“As we look to the future and strengthen our teams, which are not only excellent at reporting and delivering the highest quality content, but also efficient and sustainable, sometimes we have to make difficult decisions. Unfortunately, today is one of those days,” ABC News President Armin Karamedovic said in an email to employees.
“A limited number of colleagues at various levels at ABC News are affected by the layoffs. As you know, this has been happening across the company and across the industry in recent weeks and months.” Karamedovic continued.
“For us, that means embracing the new media landscape and building a team that evolves with it, and we must do so in order to continue to serve our audiences. Of course. This news is hardest on those who have been directly affected, and on behalf of the entire ABC News family, I want to say to them that your contributions have not gone unnoticed. and thank you for your contribution to our profession,” he concluded.
Disney has already been cutting its workforce in recent years. And just last week, it was reported that the company plans to cut an additional 300 employees in the coming months.
The Mouse House cut 140 jobs across its entertainment and television division in August, with National Geographic and Freeform also confirmed to be cutting jobs.
In January, it was reported that even Pixar, Disney's famous animation division, would face significant layoffs.
This year's job cuts come after Disney cut as many as 7,000 jobs worldwide last year, with CEO Bob Iger pledging an additional $2 billion in cost cuts. .
Disney has faced a long-term backlash from customers outraged by the company's insane policies, particularly its promotion of transgenderism in children's entertainment, which creeps into nearly every product it makes.
Follow Warner Todd Huston on Facebook: facebook.com/Warner.Todd.Hustonor truth social @WarnerToddHuston





