The media industry is facing widespread layoffs, with the Walt Disney Company and E.W. Scripps being notable examples. Disney plans to cut around 200 jobs (approximately 6% of its workforce) across its ABC News Group and Disney Entertainment Networks, a move reflecting the reduced importance of traditional media divisions amid a shift to streaming. Similarly, E.W. Scripps is reducing staff across its local TV stations due to ongoing disruptions in the media sector. These layoffs illustrate the challenging landscape media companies are navigating in response to changing viewer habits.
The Walt Disney Company is set to lay off about 6% of its workforce in ABC News Group and Disney Entertainment Networks, reflecting a shift towards streaming.
E.W. Scripps is also making staff reductions across its local TV stations, navigating ongoing disruptions in the media landscape.
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