ABC News facing major budget cuts

ABC News is facing major budget cuts, including demands for 'Good Morning America' to reduce costs by $19 million by the end of Disney's fiscal year. Layoffs are expected to affect behind-the-scenes staff, not the top talent. The network is also looking to save money by not filling open positions and promoting from within.

Impact of Anti-Israel Protests on Emerson College Enrollment

Emerson College in Boston experiences low enrollment due to anti-Israel protests, leading to possible layoffs and budget cuts. President Biden's trip to France, urging Hamas for cease-fire, and expectations for G-7 summit discussed by Rep. Nancy Mace.

Impact of Joe Biden's Policies on Blue Collar Hollywood Workers

The soaring cost of living under Joe Biden is affecting blue collar workers in Hollywood, leading labor unions to push for higher wages from major studios.

Manhattan DA allocates $1 million for Trump prosecution oversight

Manhattan DA Alvin Bragg spent $1 million to respond to congressional oversight of his prosecution of former President Trump, amid demands for budget cuts in New York City. The documents reveal details of the allocation and hiring of outside counsel for the case.

California Gov. Gavin Newsom’s proposed budget cuts

California Gov. Gavin Newsom has proposed cuts to the state’s Department of Justice and Department of Corrections and Rehabilitation due to a massive deficit, despite a previous $100 billion surplus. The proposed budget includes cuts to trial court operations, the Department of Justice’s Division of Law Enforcement, and the Department of Corrections and Rehabilitation.

Challenges in the Nonfiction TV Industry

Development and production in the nonfiction TV industry have slowed down, leaving many workers struggling to find jobs. A storytelling event called 'Hollywood Horror Happy Hour' was organized to raise money for needy peers. Budgets are being slashed, salaries are decreasing, and job opportunities are limited. The industry is facing a downturn similar to the scripted TV space, with fewer buyers for unscripted content. However, fresh sports-related ideas and successful franchises are still being greenlit. Some production companies are diversifying revenue streams to navigate the challenging market.

Pixar Layoffs Due to Disney Budget Cuts

Pixar is laying off 14% of its workforce due to Disney's budget cuts. The cuts come after overspending on streaming content led to loss of billions of dollars. Disney recently laid off 7,000 workers globally.

Disparity in Hollywood Executive Compensation vs. Employee Layoffs

In 2023, Hollywood executives saw significant pay raises while mass layoffs and budget cuts affected employees. CEO's of Endeavor, Netflix, and Warner Bros. Discovery were among those who received substantial compensation increases despite the industry facing historic labor strikes and layoffs.

New York City firefighter's death after being laid off

New York City firefighter dies of heart attack months after being laid off due to budget cuts to pay for migrant crisis. His family lost $600,000 in death benefits and is struggling financially.

Impact of Illegal Immigration on Denver

Liberal cities like Denver are facing a surge in migrant arrivals, resulting in budget cuts for the police department and increased funding for programs to assist newcomers. The city is implementing various programs to provide housing assistance and training opportunities for asylum seekers.

Denver Mayor's Proposal to Defund Police and Fire Departments for Immigrant Support

Denver Mayor Mike Johnston proposes defunding police and fire departments to allocate more funds for housing and care for immigrants, resulting in budget cuts and changes in services. The city is facing financial strain due to the influx of immigrants, with Johnston aiming to balance compassion and fiscal responsibility.

Pentagon's Budget and Aircraft Carriers

The Pentagon wants to slow down America's aircraft carriers due to budget cuts, potentially jeopardizing national security and military deterrence efforts.

Hollywood Executives Facing Long-Term Unemployment Amid Industry Challenges

Hollywood executives who have been laid off amid recent studio budget cuts are facing long-term unemployment due to economic challenges in the industry. The lack of jobs is pushing down salaries and executives are struggling to find new employment.

Denver Struggles to Support Migrants Amidst Budget Cuts and Housing Shortages

Denver is facing challenges as it helps over 40,000 migrants while dealing with budget cuts and housing shortages. The city has spent over $60 million aiding migrants and is now relying on a coalition of churches and nonprofits for support. The influx of mostly penniless Venezuelans has strained resources and sparked a debate on immigration policies.

Impact of Illegal Immigration on Denver

Aurora City Council member discusses impact of illegal immigration on Denver, experts criticize city's response, budget cuts made to support migrants, city facing financial strain, Mayor blames Trump Republicans, experts express concerns about sustainability and strain on resources

Argentina's President Javier Milei and Economic Reforms

Argentina's libertarian President Javier Milei vows to push through sweeping economic reforms, including deregulation and budget cuts, with or without legislative support, despite facing challenges in court and protests from citizens.

Impact of Declining TV Industry on Hollywood Crew Members

Blue-collar Hollywood crew members are struggling to find work due to the end of 'peak TV' and budget cuts across major studios. Many are facing economic devastation, unemployment, and even mental health issues. The decline in TV advertising is impacting studios, leading to layoffs and budget cuts. Negotiations between IATSE, Teamsters, and major studios are upcoming.