Disney parks cut thousands of jobs in restructuring move

Disney World has not been the happiest place on Earth for employees this year.

Disney has eliminated 1,900 U.S.-based positions since mid-February. Some 900 salaried employees working at Disney's theme parks in Florida were laid off, and 700 open positions were eliminated, said communications Vice President Mike Griffin. In California, 200 workers were laid off and 100 open positions were cut.

Disneyland in California and Disney World are having their behind-the-scenes operations combined in a restructuring, said Griffin. Disney officials say theme parks, the Disney Cruise Line, Disney Vacation Club and off-property resorts have seen some people with decades of experience laid off during the restructuring.

Employees let go will receive pay for 60 days; extended medical coverage; and severance packages that vary according to their years of service, said a Disney source. Disney's Griffin said: "These decisions were not made lightly, but are essential to maintaining our leadership in family tourism and reflect today's economic realities."

(Via CNN)

Comments

Shamay said…
Maybe Disney should think about lowering the admissions price. If they lowered it I would go. Lower the price and people might think twice about going. Most people go to Disneyland attractions with mulitple persons. Cut the price in half and people might justify the price. Then with families returning at a more affordable price it would keep the employees on board. Come on corporate world, lets think of some creative insentives to keep our economy going.
April 10, 2009 at 7:31 PM
Anonymous said…
the ceo of disney was one of the highest paid executives in the US. maybe if he took a paycut others could have kept their jobs. greed does just exist on wallstreet
April 10, 2009 at 10:56 PM
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