Disney-ABC TV Hit With 400 Layoffs

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The wave of industry-wide layoffs have reached Disney-ABC Television Group.

The group’s president Anne Sweeney made the announcement in an internal memo to the staff Thursday morning.

“After months of making hard decisions across our businesses to help us adjust to a weakening economy, we’re now faced with the harsh reality of having to eliminate jobs in some areas,” she wrote in the memo. “This was not an easy decision, nor one made lightly,”

About two hundred employees across all divisions of the Disney-ABC TV Group will be laid off.

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