Disney Preparing Hundreds More Layoffs as Dana Walden Defends Company’s Position
“According to The Wall Street Journal, Disney is planning a significant restructuring of its television operations that's expected to result in hundreds of layoffs as the entertainment giant consolidates divisions that have traditionally operated as separate businesses. The overhaul is being spearheaded by Disney Entertainment Television Chairman Debra O’Connell and could affect operations including ABC Entertainment, 20th Television, Hulu Originals, Freeform, and others. Further reductions are also reportedly expected at ABC News.”