Disney/ABC TV Group Cuts 400 Positions

By: Associated Press
By: Associated Press

LOS ANGELES (AP) -- The Walt Disney Co.'s television division is cutting 400 jobs, or about 6 percent of its work force, due to the slumping economy.

The cuts include 200 layoffs, while another 200 vacant positions will not be filled in a staff between 6,500 and 7,000 people.

The eliminated positions were at all levels and made across the Disney/ABC Television Group, which includes the ABC network, ABC Studios, and cable channels including Disney Channel, SOAPnet and ABC Family.

Anne Sweeney, the president of the Disney/ABC Television Group, informed staff of the layoffs in a memo sent out Thursday.

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