Sunday 17 December 2017 ,
Sunday 17 December 2017 ,
Latest News
  • UN council weighs measure rejecting US Jerusalem decision
  • Fisheries Minister Sayedul Hoque’s 1st janaza held
  • 10 Ansar men held in Gazipur over theft charge
  • Landslide destroys village and kills 5 in Chile
  • Ronaldo free-kick fires Real Madrid to Club World Cup glory
13 October, 2017 03:10:45 PM
Print

Disney to cut 200 jobs from its TV networks division

Independent Online Desk
Disney to cut 200 jobs from its TV networks division

Walt Disney Co. is about to eliminate 200 jobs at ABC and cable networks including Freeform as part of a realignment of the business, according to a person with knowledge of the matter, reports Bloomberg.

The cuts are mostly falling on operational areas, such as finance, and will involve the company’s entertainment networks, not ESPN, said the person, who asked not to be identified discussing nonpublic information.

Disney’s media networks are trying to adapt to shrinking audiences for conventional TV and growing opportunities online. The company is shifting resources to meet those future business needs and will be hiring elsewhere, the person said.

The company had about 195,000 employees as of the end of fiscal 2016.

KK

Comments

Poll
Today's Question »
Do you think the authorities involved should be held accountable for failing to work unitedly although PM wants their concerted efforts to eliminate traffic jam?
 Yes
 No
 No Comment
Yes 93.8%
No 6.3%
No Comment 0.0%
Video
More Business Stories
PM urges UAE to invest in SEZs Prime Minister Sheikh Hasina has invited businessmen of the United Arab Emirates (UAE) to invest in Bangladesh's Special Economic Zones (SEZ) for the mutual benefits of the two countries. The Prime Minister made the…

Copyright © All right reserved.

Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Disclaimer & Privacy Policy
....................................................
About Us
....................................................
Contact Us
....................................................
Advertisement
....................................................
Subscription

Powered by : Frog Hosting