Disney, one of the biggest names in the business, has made a difficult decision.
They have laid off approximately 140 employees in their television division.
This amounts to about 2% of their workforce.
National Geographic, locally owned television stations, Freeform, as well as the network's marketing and publicity teams, will primarily be affected by these layoffs.
Specifically, National Geographic will see the largest reduction in staff with 60 employees, or about 13% of the team, being let go.
Disney has been undergoing various rounds of cuts as part of their cost reduction plan.
As Disney continues to navigate the evolving landscape of entertainment, we can expect to see more changes and adjustments.
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