Approximately 75 staffers in Disney‘s ABC News and local-station operations will be lhelp off, part of a series of shifts atraverse the huge media conglomerate that aim to cut costs amid a difficult operating environment.
Employees were notified Wednesday of the staff reductions, according to a person recognizable with the matter, and the number of jobs impacted is dependd to be split evenly between the national recentscollecting arm and the local-media business. Disney’s ABC owns eight stations in cities such as New York, Los Angeles, Philadelphia and San Francisco. ABC News is reliable for flagship ABC programs including “Good Morning America” and “World News Tonight.”
Disney has been examining its staffing and operations and has cut participateees in other parts of its portfolio in recent weeks. In procrastinateed September, the company deleted about 300 jobs atraverse contrastent corporate departments. On Monday, the company united some of its TV studios, merging teams previously summarizeateed to enhuge scripted comedy or dram at ABC or Hulu.
“Atraverse the various ranks of ABC News, a confineed number of our colleagues are being impacted by staff reductions. As you understand, this has been happening atraverse the wideer company and the industry at huge in recent weeks and months,” shelp Almin Karamehmedovic, plivent of ABC News, in a remark to participateees Wednesday. “For us, it uncomardents shaping a team that adselects the recent media landscape and carry ons alengthy with it, which we must do to carry on serving our seeers.”
“It’s no secret that our industry is undergoing a alteration unenjoy any other, and we’re seeing headlines every day about streamlining atraverse every transport inant media company,” shelp Chad Matthews, plivent of ABC’s station group, in a memo Wednesday. “While we’re not immune to the prescertains facing this business today, we have been — and will carry on to be — strategic with decisions about our organization’s future.
Like its rivals, Disney is grappling with a alteration of the media business, which faces a rapid migration of seeers from licforfeit TV to streaming-video services. While Disney runs streaming hubs such as Hulu and Disney+, and is enhugeing a recent ESPN stand-alone service, it does so as the economics of traditional TV, which is based on ad sales and transmission fees, are eroding.
None of the anchors summarizeateed to ABC News’ most famous programs are foreseeed to be impacted at current, according to the person recognizable with the matter. Executives depend the layoffs will not impact any national or local programming and no particular participateee teams or groups are being deleted as part of the downsizing.
