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Disney/ABC starts layoffs, but fewer than expected will be losing their jobs

bizjournals Thursday, 12 October 2017
The Walt Disney Co. started issuing pink slips to employees in the Disney/ABC Television Group on Thursday. The move was expected, having first been reported in August, though the number of workers affected is smaller than the 300 layoffs previously reported. Instead, 100 to 200 will lose their jobs. Deadline first reported the news. The layoffs are hitting all divisions at the Disney (NYSE: DIS) unit, including ABC Entertainment, ABC Studios, Disney Channel, DisneyXD, Disney Junior and Freeform,…
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Source: Wochit Entertainment - < > Embed

News video: Disney Kickstarts ABC TV Layoffs

Disney Kickstarts ABC TV Layoffs 00:33

According to The Wrap, Disney has started a round of layoffs, affecting ABC TV employees. Reports say that Disney plans to let go of workers in "non-content and operational" departments. Their move to chop less than ten percent of the company was initially reported in the the summer of 2017. The Wrap...

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