Wednesday, August 21, 2013

Disney's ABC TV unit to lay off two percent of staff: source

By Lisa Richwine LOS ANGELES (Reuters) - Walt Disney Co's ABC television unit on Wednesday will begin laying off about 175 people, or 2 percent of its workforce, to adjust to changes in technology and viewing habits, a person familiar with the decision said. The move was prompted by a company-wide review to explore cutbacks in jobs Disney no longer needs, either because of improvements in technology or redundancies following a string of major acquisitions in the past few years. Reuters first reported on the internal review in January. ...



via TV News Headlines - Yahoo! News http://news.yahoo.com/disneys-abc-tv-unit-lay-off-two-percent-160437585.html

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