Walt Disney’s ABC News laid off several senior executives on Thursday, because it restructures its newsroom, two sources confirmed.
The reductions are a part of Disney’s previously announced plan to chop 7,000 positions across the corporate because it seeks to manage costs and grow to be a more streamlined operation.
The layoffs began this week, affecting other facets of Disney’s operations, including its Marvel Entertainment division, television production and people working on next-generation storytelling initiatives.
ABC News President Kim Godwin announced the downsizing and restructuring in a memo to staff that was seen by Reuters.
About 50 jobs will likely be eliminated over time, including open positions.
“While these actions are never easy, they’re a needed step to make sure we’re on solid footing for the years ahead as we chart a sustainable, growth-oriented path forward for the complete organization,” Godwin wrote.
ABC Recent President Kim Godwin said about 50 jobs will likely be eliminated over time, including open positions.Getty Images for The Alliance fo
The reductions at ABC are a part of Disney’s previously announced plan to chop 7,000 positions across the corporate.REUTERS
Amongst those to lose their jobs within the restructuring were Wendy Fisher, senior vice chairman of reports gathering; Galen Gordon, senior vice chairman of talent; Alison Rudnick, vice chairman of corporate communications; and David Herndon, executive director and Los Angeles bureau chief.
Godwin named London bureau chief Katie den Daas as vice chairman of newsgathering, overseeing domestic and international teams. The business and operations team will expand to incorporate talent, production and business affairs, reporting to ABC News Executive Vice President Derek Medina. Stacia Deshishku, executive editor and senior vice chairman of News, will assume responsibility for the investigative and enterprise reporting unit.
“While it is a difficult time for all of us – particularly those directly affected by these tough decisions – it’s vital to keep in mind that together, we’re resilient, and can emerge from this era of transition stronger than before,” Godwin wrote.
