ABC News Chief: Layoffs ‘Necessary’

ABC News is laying off staffers amid a broader reorganization at parent company Walt Disney, one that impacts a low single-digit percentage of the news division’s 1,400 staffers, according to a source familiar with the situation. In a memo to employees sent Thursday evening, ABC News President James Goldston said that the personnel reductions were “necessary” as the company adapts to changes in the business and its organizational structure. Those who have been let go will end their tenures at ABC News in early 2021.

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weneedhelpnow says:

December 5, 2020 at 7:47 am

This is what fake news will get you!!!