Disney Considers 10% Cost Cuts in ABC TV Unit, Source Says
The entrance gate to Walt Disney Studios is seen at Disneyland Resort Paris, the amusement park run by Eurodisney near Paris, France, Saturday, July 21, 2007.
Photographer: Fabrice Dimier/BloombergThis article is for subscribers only.
Walt Disney Co., under pressure to improve profit at its TV business, is considering cost cuts of as much as 10 percent at its Disney/ABC Television Group, according to a person familiar with the plans.
The moves could include job reductions, although no final decisions have been made, according to the person, who asked not be identified because the discussions are private.