ABC News is undergoing a major executive shake-up as part of company-wide layoffs at the Walt Disney Co.
have become almost a daily occurrence in the media and tech industries as companies try to curb expenses amid a difficult economic environment.
Wendy Fisher, a senior vice president who oversaw newsgathering and had been with the network since 1989, was among those ousted. Her duties will be taken over by Katie den Daas, currently London bureau chief for the network, according to Godwin’s memo.The earnings report came as Walt Disney Co. faces a challenge from an outsider, billionaire investor Nelson Peltz, who is seeking election to join the board.
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