Inside Cost-Inspired Layoffs at Disney Properties

Certain Walt Disney (DIS) properties, especially television operations, are cutting jobs as part of restructuring efforts that may be meant to help the company whittle down costs and realign its resources. Disney’s ABC Television Group is said to be quietly laying off workers at its television stations, production studio, and cable networks, with operational areas expected to be most impacted by the layoffs. As ABC quietly adjusts its workforce, ESPN—Disney’s other media asset—announced in November that it was eliminating roughly 150 jobs.