ABC News is undergoing a major executive shake-up as part of company-wide layoffs at Walt Disney Co.
Several top managers with decades of experience were among the people inside ABC News who were cut Thursday, according to people who were familiar with the details but not authorized to discuss them publicly. The high-level cuts sent shock waves through the division.
"While these actions are never easy, they are a necessary step to ensure we're on solid footing for the years ahead as we chart a sustainable, growth-oriented path forward for the entire organization," ABC News President Kim Godwin said in a staff memo obtained by The Times.
