2025 Sees Mass Layoffs Shake Media Giants Like Disney and More!
In early 2025, the media and entertainment sector faces significant layoffs, impacting giants like Disney, ABC News, E.W. Scripps, Tegna Inc., Wall Street Journal, and Los Angeles Times. The cuts are driven by a pivot towards streaming and declining traditional media profitability, with Disney laying off 200 employees across its divisions and more changes in other big media houses.
Mar 5