Disney Next Company On The Pink Slip Merry-Go-Round

On Wednesday the Walt Disney Co. announced that they would be handing out an undisclosed amount of pink slips. They are planning on combining their back-office operations for their two United States parks.
Disney is a key employer in Central Florida, already struggling with high unemployment rates. The Orlando based park employees 62,000 of their 80,000 Disney employees.

Employees affected work in the “operating infrastructure” that includes menu planning and purchasing.

The Orlando Sentinel reports:

In a memo to employees Wednesday, Parks and Resorts Chairman Jay Rasulo wrote that “organization changes require difficult decisions, including the elimination of some roles.

“These decisions were not made lightly and we know this will be a challenging transition. The people affected are our friends and colleagues, and they have made valuable contributions.”

Earlier this month Disney stated that their profits fell 32 percent in their first quarter. Operating profit in the parks-and-resorts division fell 24 percent during the last quarter of 2008.


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