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Disney Hit with Layoffs as CEO Seeks to Change Strategy

Disney wielded the axe on Wednesday, laying off about 140 employees in Disney Entertainment Television. The cuts amount to about 2 percent of the unit’s workers, according to Variety. National Geographic, locally owned television stations, Freeform, and network teams focused on marketing and publicity took the brunt of the cuts....

Disney wielded the axe on Wednesday, laying off about 140 employees in Disney Entertainment Television. The cuts amount to about 2 percent of the unit’s workers, according to Variety. National Geographic, locally owned television stations, Freeform, and network teams focused on marketing and publicity took the brunt of the cuts….

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