Walt Disney has announced further job cuts, with an additional 200 employees set to be laid off across its ABC News and entertainment TV networks, according to an internal memo. The majority of these layoffs will impact the New York-based ABC News division.
Disney is reshaping its diversity, equity, and inclusion (DEI) programs, shifting focus toward business outcomes, according to an internal note obtained by Axios.
Amazon removes diversity references from annual report, shifting DEI focus to "proven outcomes". Meta, Google and Disney are among those rolling back DEI initiatives and programs.
Disney, Fox, and Warner Bros Discovery have cancelled Venu Sports, their joint sports streaming venture, following legal challenges and accusations of anti-competitive behaviour.
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