538 Shuts Down Amid ABC Layoffs and Political Backlash
As part of broader cost-cutting measures, Disney is shutting down the popular political analysis website 538, resulting in 15 job losses. This closure follows a period of staff reduction at 538, beginning with the departure of its founder two years prior. The restructuring also includes consolidating ABC News programs and reducing staff across Disney Entertainment Networks, impacting nearly 6% of the combined workforce. These layoffs are part of a wider trend of job cuts affecting the media industry.
John Q. Hosedrinker