BREAKING NEWS: Disney-ABC TV Cuts 400 Jobs

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Roger Newcomb at We Love Soaps is reporting that Disney-ABC TV is cutting 400 jobs. Here's what Newcomb has to say:

MickeyMouse

The cuts will reach across the board in Disney-ABC TV group divisions and go high up the exec chain. The Mouse will cut about 200 staffers and eliminating another 200 posts that have already been frozen for months. The ABC News division has laid off about 40 staffers and will not fill any of its 60 open positions, insiders said.