Walt Disney Company Cuts 140 Jobs from Entertainment Television
Disney Entertainment Television has laid off 140 employees, primarily affecting National Geographic, as part of its ongoing cost-cutting measures.
The layoffs announced months ago but implemented today according to Deadline, represent 2% of the division’s workforce, with National Geographic experiencing a 13% reduction in staff.
Related – Disney Princesses Unite to Inspire Girls with “Create Your World” Campaign
Other impacted divisions include ABC Owned Television Stations, Freeform, Unscripted, Marketing, and Publicity, with nearly half of the jobs lost in Burbank, California.
This round of layoffs follows previous cuts at Disney, including the elimination of 175 positions at Pixar in May. These actions reflect Disney’s efforts to achieve its previously announced goal of $7.5 billion in cost reductions.
Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.
Get started below for your FREE No Obligation Quote.
Book With our friends at Destinations to Travel
For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!