Friday, April 30, 2010

ABC News Lays Off Quarter of Staff

NYT reports:
ABC News, a unit of the Walt Disney Company, largely completed one of the most drastic rounds of budget cutbacks at a television news operation in decades, affecting roughly a quarter of the staff. The cutbacks promise to change ABC both on- and off-camera...More interviews will happen via Skype, rather than an expensive satellite truck. Prime-time shows will rely more heavily on freelance employees. More assignments will be made from a centralized office in New York, rather than by far-flung bureaus, because some of those bureaus have been severely downsized.
Obviuosly, we are talking about a secular downsizing here rather than a cyclical one. These jobs aren't coming back.

1 comment:

  1. Hah - serves them right; no real reporting, no audience. Have you seen their commercials? Nothing but a parade of remedies for senior ailments. Hard to get ratings when your primary audience is in a retirement center.

    Meanwhile, alternative media outlets report what's not being reported by ABC and propser.