Exclusive: Disney to start layoffs in studio, consumer products – sources
3 views - published on April 5th, 2013 in Disney News tagged Disney, disney news, disneyland, walt disney, walt disney world
LOS ANGELES |
LOS ANGELES (Reuters) – Walt Disney Co expects to start layoffs during a studio and consumer product groups within a subsequent dual weeks, according to dual people with believe of a matter, in a latest cost-reduction step to emerge from a company-wide review.
The studio pursuit cuts will core on a selling and home video units and embody a tiny series from a animation wing, pronounced a sources, who spoke on condition of anonymity given a skeleton had not been done public.
It is different how many jobs will be mislaid during possibly division.
Staff reductions during a consumer products section will mostly outcome from attrition, another chairman said.
On Wednesday, Disney began layoffs during a 30-year-old LucasArts games studio it hereditary with a merger of George Lucas’ film association final year, as it focuses on chartering a “Star Wars” code externally.
A Disney mouthpiece had no comment.
Disney, headquartered in Burbank, California, started an inner cost-cutting examination late final year to brand cutbacks in jobs it no longer needs given of improvements in technology, one of a people said.
It is also looking during surplus operations that could be separated following a fibre of vital acquisitions over a past few years, pronounced a person.
Disney cut about 200 people during a Disney Interactive video diversion final year, as a association changed divided from console games to concentration on online and mobile entertainment. An additional 100 staffers have been laid off in dual cuts since.
The association also done cuts during a edition section final year when Disney changed a operations to Burbank from New York as partial of a restructuring of a consumer products unit.
(Reporting by Ronald Grover; Editing by Edwin Chan, Ryan Woo and Peter Cooney)