ABC News and Walt Disney Co. entertainment networks are being hit with a 6% reduction in staff amid shrinking ratings and revenues for traditional television. Workers were told of the cuts Wednesday.

Though the new year has almost passed its first full fiscal quarter, media layoffs across the entertainment industry have continued to bleed over from last year’s avalanche of job cuts. The ...

Disney hit with another round of layoffs with hundreds losing their jobs - It’s the largest round of layoffs to hit the ...

This latest round is reportedly one of the largest in the past ten months, as Disney continues to trim its workforce in a bid ...

The layoffs, which hit hundreds of workers in television, film and corporate finance, come three months after the company ...

In 2023, Disney CEO Bob Iger set a goal to reduce operating costs by $7.5 billion, resulting in the elimination of 7,000 jobs ...