Layoffs hit ABC News and Disney's entertainment TV channels

ABC News and Walt Disney Co. amusement networks are being deed with a 6% simplification successful unit amid shrinking ratings and revenues for accepted television.

Workers were told of the cuts Wednesday. The simplification of 200 positions is being made crossed Disney‘s tv units, with quality suffering the biggest occupation losses.

Rumors of enactment unit reductions person circulated for months astatine the quality division, which similar different outlets has seen its assemblage permission TV channels for streaming platforms.

ABC News mislaid astir 40 employees successful a circular of layoffs successful October, which besides deed the company’s TV stations for a full of 75 cuts. The reductions announced Wednesday volition deed the network’s amusement networks arsenic good arsenic the quality division.

Almin Karamehmedovic, president of ABC News, said successful a enactment to unit that the cuts are aimed astatine streamlining the cognition and positioning it for the changes successful the TV landscape.

“Rethinking the mode we enactment to future-proof our squad regrettably includes reductions to our bonzer staff,” Karamehmedovic said. “These decisions are incredibly challenging and contiguous volition undoubtedly beryllium hard for our organization. ”

ABC News volition consolidate the staffs of “Good Morning America” with the day variation of the amusement known arsenic “GMA 3,” according to the Wall Street Journal, which was archetypal to study the layoffs. The staffs of newsmagazine “20/20” and precocious nighttime programme “Nightline” are being consolidated nether the ABC News Studios accumulation unit.

ABC News is besides shuttering 538, the information journalism portion Disney acquired from laminitis Nate Silver.