Thanks to the posters at that "fabulous" discussion board site for the link:
<<BURBANK - Walt Disney Studios is expected to lay off as many as 10 percent of its employees this summer as part of cost-cutting connected to the recent purchase of Pixar Animated Studios, according to published reports and studio sources.
The Pixar deal resulted in the longtime Disney movie supplier merging with Disney's existing animation division, causing some job replication.
The studio's spokeswoman, Heidi Trada, declined Tuesday to confirm any impending layoffs, saying only, "We are constantly evaluating our business to make it better and more efficient."
The New York Times reported that the layoffs are likely to be 5 percent of the staff but could climb as high as 10 percent once a review of the studio's operations is complete. Sources said Tuesday the cutbacks are expected to affect all units at the studio.>>
(The remainder of the article can be found at the link above.)
I wonder if Imagineering will also get hit?
And notice the timing of this layoff? The Lasseter family will be off on vacation throughout the entire month of August.