Disney Announces Major Layoffs, Cutting Nearly 6% of Staff

Widespread Job Cuts Hit ABC News & Entertainment Networks

March 6, 2025: Disney has announced a significant round of layoffs, affecting nearly 6% of its workforce across ABC News and its entertainment networks. The decision comes as part of the company’s ongoing restructuring efforts to streamline operations and reduce costs.

Impact on ABC News and Entertainment Divisions

The layoffs will impact employees across various departments, including production, editorial, and corporate roles. ABC News, a major part of Disney’s media empire, is expected to see a significant reduction in staff, raising concerns about the future of its programming and operations.

Disney’s Restructuring Strategy

Disney has been undergoing a series of cost-cutting measures to adapt to the evolving media landscape. This move follows previous workforce reductions as the company shifts its focus toward streaming, digital content, and other revenue-generating sectors.

Uncertain Future for Employees

While Disney has assured that affected employees will receive severance packages and support, the layoffs reflect broader industry challenges. The entertainment sector has been grappling with declining traditional TV viewership, increased competition in streaming, and economic pressures.

What are the biggest stories trending online today? Read the latest here

Published by HOLR Magazine

Image Credit:AFP/Getty Images