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  1. #1

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    Walt Disney Studios layoffs expected soon

    Walt Disney Studios plans to cut as much as 5% of its worldwide workforce as early as next week, according to people with knowledge of the situation who requested anonymity because they had not been authorized to discuss the matter.

    The movie studio would eliminate up to 250 jobs from its staff of about 5,000 people globally, the sources said. Several Disney insiders say the bulk of the cuts will be in Burbank.


    More on the layoffs here: Disney film studio layoffs expected soon - latimes.com
    Last edited by Dustysage; 06-08-2011 at 06:09 AM.

  2. #2

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    Re: Walt Disney Studios layoffs expected soon

    I heard about this. I think it's a shame.

  3. #3

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    Re: Walt Disney Studios layoffs expected soon

    Warner Bros. has laid off 50 employees in its home entertainment and consumer products divisions, affecting about 1 percent of the company’s domestic workforce.

    “As part of the continual review of our business operations, Warner Bros. Entertainment will be undertaking limited staff reductions in our home entertainment and consumer products divisions," the studio said in a statement. "The total number of employees and positions impacted by these reductions is a relatively small percentage of our domestic workforce."

    The Warners cutbacks are part of a larger industry pattern that has seen a number of studios eliminating jobs, mostly in their home entertainment divisions, because of falling DVD sales, in recent days.

    The layoffs affect about 1 percent of the domestic work force in the company.

    Earlier this week, Disneyannounced the most sweeping cuts, announcing that 250 jobs will be eliminated, primarily in its distribution operation.

    Lionsgate cut 10 jobs in its home entertainment division. And Fox cut 12 positions in home entertainment and 10 in its IT department.
    Warner Bros. Lays Off 50 Employees - The Hollywood Reporter

  4. #4

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    Re: Walt Disney Studios layoffs expected soon

    This wouldn't be surprising. I think Disney is still trying shake off last years abysmal performance at the box office. TRON: Legacy and Rapunzel were moderate successes while the Prince of Persia and Sorcerer's Apprentice bombed. Not to mention the complete failure of the Disney contracted efforts from Robert Zmeckis - A Christmas Carol and Mars Needs Moms.
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  5. #5

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    Re: Walt Disney Studios layoffs expected soon

    Rapunzel by all means was not a 'moderate' success.

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