Disney/ABC TV Group Braces for Layoffs LA Times
Layoffs are in the works at Disney/ABC Television Group, with the impact expected to be felt across the unit, the Los Angeles Times reports. The ABC broadcast network, local television stations and cable channels ABC Family and Disney Channel are all expected to be included.
"About 175 jobs are expected to be cut through layoffs or from not filling open positions, a person familiar with the matter said. The Disney/ABC Television Group employs around 7,600 people," the story reports.
A spokesman for Disney/ABC Television Group is quoted as saying: “As technological advances continue to alter the competitive landscape and viewer habits, it’s incumbent upon us to stay ahead of the curve. To that end, we’ve undergone a review of our organizational structures and processes, and have re-imagined and realigned certain areas and functions to gain efficiencies and better position us for future growth."
The Times report adds: "The majority of the cuts are expected to come at ABC's TV stations and in technical operations for the broadcast and cable networks, the person with knowledge of the cuts who was not authorized to discuss details publicly said. ABC owns TV stations in several major markets including New York, Los Angeles, Chicago and Philadelphia."
Other units of The Walt Disney Co. have undergone similar restructuring, the piece notes, adding that the latest steps are "part of a broader long-term effort to cut costs and slim the company down to better compete in a changing media landscape."
The report notes: "Earlier this spring, Disney's cable sports empire ESPN trimmed between 300 and 400 positions after its internal review. There have also been staff reductions at Disney's movie studio, consumer products and video game units."