Posted: Thurs., Jan. 29, 2009, 10:39am PT
Disney-ABC TV to cut 400 jobs
Layoffs will reach across the board
By Cynthia Littleton
Disney-ABC TV to cut 400 jobs - Entertainment News, Entertainment Industry & the Economy, Media - VarietyThe latest round of showbiz layoffs hit this ayem with Disney-ABC Television Group informing insiders that it is shedding about 400 jobs, or about 4% of the TV group’s total workforce.
The cuts will reach across the board in Disney-ABC TV group divisions and go high the exec chain. The Mouse will cut about 200 staffers and eliminating another 200 posts that have already been frozen for months.
The ABC News division has laid off about 40 staffers and will not fill any of its 60 open positions, insiders said.
“After months of making hard decisions across our businesses to help us adjust to a weakening economy, we’re now faced with the harsh reality of having to eliminate jobs in some areas,” Disney-ABC TV Group prexy Anne Sweeney wrote in a memo sent to Mouse House TV staffers Thursday morning. “Change is never easy, and becomes even harder to embrace during times of turbulence and uncertainty.”