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 ...

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

Since Robert Iger returned as CEO in 2023, Disney has carried out thousands of job cuts, with over 8,000 employees let go in ...

In December 2024, Warner Bros. Discovery took steps toward spinning its cable channels away from its studio and streaming businesses, a la NBCUniversal and the newly created Versant. A reorg at WBD ...

Corporate finance teams were also affected, the report said.Although no entire teams will be eliminated, the job cuts are expected to affect both film and TV operations roughly equally. Many employees ...

It saves lives," Michael Barasch, partner at Barasch & McGarry, a law firm representing thousands of first responders ...

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