ABC News faces savage cuts as 200 employees to be laid off affecting landmark shows 20/20 and Good Morning America

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ABC News faces savage cuts as 200 employees to be laid off affecting landmark shows 20/20 and Good Morning America

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Disney is planning to cut about 200 positions or 6 percent of staff at ABC News Group and the Disney Entertainment Networks unit, the Wall Street Journal reported late on Tuesday night. The layoffs are expected to be announced as early as Wednesday, the report said, citing one person familiar with knowledge of the cuts. The ABC shows 20/20 and Nightline will be consolidating into one unit, the newspaper said, adding that ABC would also be eliminating the political and data-driven news site 538, which had about 15 employees.
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