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HomeEntrepreneurDisney Is Laying Off 6% of Its Workforce News Divisions

Disney Is Laying Off 6% of Its Workforce News Divisions

Disney is cutting around 200 jobs in its ABC television division, according to an internal memo first reported by Status. Employees were notified on Wednesday.

The layoffs, about 6% of the news workforce, will mostly affect the ABC News division in New York. There will also be staffing and programming cuts to Disney Entertainment Networks’ Freeform and FX channels, per the Wall Street Journal.

Related: Here’s How Much 8 CEOs Made in 2024, From JPMorgan’s Jamie Dimon to Disney’s Bob Iger

“ABC News Group and Disney Entertainment Networks continually evaluate new ways to effectively manage resources and boost efficiencies,” the memo read.

Changes to TV programming and digital news are also a part of the cuts.

ABC News Studios and the television shows “20/20” and “Nightline” will be consolidated into one team.

Meanwhile, FiveThirtyEight (538), the data-driven site founded by Nate Silver, which had about 15 employees after layoffs last year, will be shut down.

Disney has cut more than 8,000 roles since 2023, per Bloomberg.

Related: Disney Announces Major Executive Changes, Including When CEO Bob Iger Is Leaving. Here’s What We Know.

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