Disney Said Cutting 2.3% of Positions at ABC TV Division
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Walt Disney Co.’s ABC television division is cutting about 175 jobs as part of a restructuring of the broadcast business, according to a person with knowledge of the situation.
The cuts amount to about 2.3 percent of the unit’s approximately 7,600 employees, said the person, who asked not to be identified because the numbers aren’t being announced. ABC lost about 10 percent of its prime-time viewers in a key audience demographic last season.