Скачать или смотреть Disney FIRES TV staff, MASSIVE LAYOFFS as CABLE channels COLLAPSE!

Layoffs are underway at Disney Entertainment Television on Wednesday. Roughly 140 people are affected, representing about 2% of the total DET workforce.

National Geographic is the hardest-hit brand with about 60 layoffs, or some 13% of its staff. Other significantly impacted divisions include the ABC Owned Television Stations, Freeform, the operational side of the Disney linear entertainment networks, Unscripted, Marketing and Publicity. No teams are being eliminated.

Not surprisingly, Disney’s linear networks are taking the brunt of the staffing cuts, particularly those that do not provide the company’s streaming platforms with highly popular originals such as FX’s Shōgun or ABC’s Grey’s Anatomy that drive viewership and subscriptions.

The layoffs had been planned for months as part of a streamlining strategy at DET, with department heads given targets to hit after a division-wide review. Almost half of the eliminated positions are in Burbank, where the Disney Studios is located, and the larger Los Angeles area; the rest are largely in New York as well as Washington, D.C., where Nat Geo is headquartered.

Today’s DET staff reductions follow a range of other cuts at Disney, which has been working toward a stated goal of at least $7.5 billion in cost reductions since the start of last year. In May, Pixar Animation Studios let go about 175 people, or 14% of the staff, as the animation outfit trimmed its plans for a big expansion into Disney+ series under Disney’s new, more disciplined approach to streaming spending since Bob Iger returned as CEO in November 2022.


EXPLORE MORE

College and College Life
   • COLLEGE and COLLEGE LIFE  

Bud Light Controversy And Updates
   • Bud Light Boycott Series And Updates  

Target Controversy Series And Updates
   • Target Boycott Series And Updates  

SUBSCRIBE TO ADAM POST SPEAKS:
   / adampostspeaks  

Follow ADAM POST on Twitter:
  / comicswelove  

ADAM POST email:
[email protected]

ADAM POST twitter:
@comicswelove

#hollywood #woke