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Exclusive: Disney looks for
cost savings, ponders
layoffs - sources

Reuters, by Ronald Grover

Original Article

Posted By:JoniTx, 1/8/2013 5:06:04 PM

LOS ANGELES- Walt Disney Co started an internal cost-cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters, in an early sign that big companies may not be finished tightening their belts. Disney, whose empire spans TV, film, merchandise and theme parks, is exploring cutbacks in jobs it no longer needs because of improvements in technology, one of the people said. It is also looking at redundant operations that could be eliminated following a string of major acquisitions over the past few years,

      


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Reply 1 - Posted by: Patchy Groundfog, 1/8/2013 5:11:41 PM     (No. 9105727)

You´re spoiling the Workers Paradise before it begins!

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Reply 2 - Posted by: 4Justice, 1/8/2013 5:17:13 PM     (No. 9105739)

Disney destroyed its business when they got greedy and fired all their animators and writers (replaced them all with a few computer graphics geeks) and hired hundreds of managers and executives (for no good reason). The company should have just closed its doors when it did that.

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Reply 3 - Posted by: formerNYer, 1/8/2013 5:36:44 PM     (No. 9105772)

Screw Disney! They have abandoned the core principles of their founder Walt and replaced them with greed and a total disdain foe wholesome family entertainment. Many of their movies and TV shows are violent and sex driven garbage. Also, they have embraced the demoCRAPS & left wing politics to the nth degree, well the obama economy is coming back and biting then in the wallet, well they haven’t seen anything yet, by the summer park time unemployment will back in the 8% range and their bottom line will be really hurting.

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Reply 4 - Posted by: JimS, 1/8/2013 6:08:35 PM     (No. 9105813)

Bet they are going to cut worker hours to less than full-time to avoid Obamacare

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Reply 5 - Posted by: RightShoe, 1/8/2013 6:22:46 PM     (No. 9105831)

I could not help but think of Michael Eisner selling his $70 million in stock just before the Clinton tax increases took affect back in 1991. Looks like Albert, Prince of Dorkness took note.

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Reply 6 - Posted by: bob913, 1/8/2013 6:39:01 PM     (No. 9105866)

I remember when Michael Eisner cashed in 100 million while firing 3,000 people.

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Reply 7 - Posted by: CentralFLMom, 1/8/2013 6:48:19 PM     (No. 9105883)

Disney´s problems are self-inflicted, and now God´s wrath is coming home to roost. The company´s amoral, atheist leadership has long supported homosexuals and pediphiles and Nazis. In addition, their movies promote communist values and damage young minds. Lastly, Disney parks blatantly promote an anti-America, Godless agenda.

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Reply 8 - Posted by: Blue-Z-Anna, 1/8/2013 7:33:48 PM     (No. 9105928)

I grew up in Anaheim in the 60´s.

Disney was the employer of choice for all the local kids. They never fired or laid off anyone without cause.

Uncle Walt (Peace be upon Him) was the prophet of imagineering for a whole generation of SoCal kids.

Walt WAS America !

No limits !

Excellence in everything.



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Reply 9 - Posted by: Udanja99, 1/8/2013 9:54:12 PM     (No. 9106088)

Disney lost my family when they started having special gay days and weekends and putting out PC garbage like Poccahontas.

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Reply 10 - Posted by: reddfroge, 1/8/2013 11:06:30 PM     (No. 9106163)

I worked ´freelance´ for Disney for 20+ years...Disney was the worst client I ever had...collecting and attitude

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Reply 11 - Posted by: LadyHen, 1/8/2013 11:45:23 PM     (No. 9106209)

#9.. Disney does not organize Orlando Gay Days. Orlando Gay Days is a company that organizes a huge homosexual convention in Orlando, plans excursions to the parks, arranges hotel accommodations, and plans parties for the convention goers. Let me ask you, were Disney to look at them and say "No, you gay people can not come to our park on Saturday June 1st!!" how fast do you think the lawyers would take to pounce? Actually this year the host hotel isn´t even near WDW property. It´s the Doubletree by Hilton Orlando at SeaWorld. I know this because we vacation down there and I like to avoid big crowded weekends and Gay Days are generally the end of May/beginning June so I look it up to avoid the massive crowd.

I am all for calling Disney out on what they do wrong but this is NOT something they have control over and something they would be destroyed by should they ever decide to do what you would like them to do, which indeed would be discrimination. Some battles are indeed worth fighting. Homosexuals going on vacation is not one of them.

Oh and Budlight is probably Orlando Gaydays biggest sponsor btw.

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Reply 12 - Posted by: Trigger2, 1/9/2013 3:51:34 AM     (No. 9106349)

Disney, a huge contributer to demonrats, is experiencing demonrat policies. Priceless.

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