cutback

No on-air correspondents or anchors at ABC News will lose their jobs in the cutbacks, according to one person familiar with the plans who was not authorized to comment publicly.

The staff cutbacks were reported previously by Politico.

Pulling back support for Europe also comes as the administration is beginning to make what promise to be drastic cutbacks on U.S. diplomatic presence at embassies and the virtual dismantling of the U.S.

All that was placed at risk by the threatened NIH cutback.

Thompson’s plan comes after years of ownership changes, top management shakeups, staff cutbacks, declining TV ratings and a loss of the swagger the network had when it sparred with the first Trump administration.