Disney to cut nearly 6% staff across two units, source says

5/3/2025 16:28

Disney is planning to reduce headcount by roughly 6% of the total workforce of ABC News Group and Disney Entertainment Networks, a person familiar with the matter said on Tuesday, as the entertainment giant grapples with declining TV audience.



The layoffs, which would affect less than 200 staff across both the units, are expected to be announced as early as Wednesday with a majority of the impact on ABC News, the person said, requesting anonymity as the matter is confidential.



Some ABC shows including "20/20" and "Nightline" are consolidating into one unit, the source said.



Disney is also integrating its digital editorial and social teams with news gathering, shows and owned stations, the person said.



Media giants are reshaping their business strategies in response to the continued migration of cable TV audiences to streaming platforms.