Disney Layoffs and ABC News
Disney CEO Bob Iger is cutting 140 jobs across the entertainment TV division, with National Geographic and Freeform among those affected. Layoffs are expected at ABC News as well, with Good Morning America being asked to reduce its bottom line by $19 million. Despite the cuts, hosts like George Stephanopoulos are reportedly safe. ABC News has a history of spreading hoaxes, including false reports about Donald Trump. NatGeo aired the Fauci documentary in 2021. This follows a previous round of 7000 job cuts by Bob Iger to improve the company's financial situation.
Key Points
- 140 jobs cut across Disney's entertainment TV division
- ABC News and Good Morning America facing layoffs to reduce costs
- History of hoaxes and false reporting at ABC News
Pros
- Efforts to improve Disney's financial situation
- Addressing overstaffing and budget issues in TV divisions
Cons
- Job losses and potential impact on employees
- History of spreading misinformation at ABC News