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ABC News Head James Goldston on Layoffs: ‘Necessary as We Adapt to Changes in Our Business’

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variety.com

Elaine Low Senior TV WriterABC News is laying off staffers amid a broader reorganization at parent company Walt Disney, one that impacts a low single-digit percentage of the news division’s 1,400 staffers, according to a source familiar with the situation.In a memo to employees sent Thursday evening, ABC News president James Goldston said that the personnel reductions were “necessary” as the company adapts to changes in the business and its organizational structure.

Those who have been let go will end their tenures at ABC News in early 2021.The news comes on the same day as cuts to Disney’s television arm under general entertainment content chairman Peter Rice, which saw the departures of a number of longtime executives from the ABC.

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