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Today, Disney laid off 140 members of its Disney Entertainment Television workforce. That represents roughly 2% of the division’s headcount, according to a person familiar with the matter.
National Geographic was particularly hard hit as that team will be reduced by approximately 13%.
A representative for the company declined to comment.
The layoffs represent an ongoing effort from the company to right-size its entertainment division as it contends with a dramatically reshaping media landscape. Disney, like other media companies, is in the midst of an ongoing transition as streaming continues overtaking linear TV.
The layoffs come ahead of the company’s third-quarter earnings call next Wednesday, in which the company expects to see softness in its streaming business, according to public filings.
