Disney cuts 1,900 US jobs at theme parks
The Walt Disney Co. says it has cut 1,900 positions at its U.S. theme parks due to the slumping economy.
By Agencies |
LOS ANGELES: The Walt Disney Co. says it has cut 1,900 positions at its U.S. theme parks due to the slumping economy.
Some 1,200 people were laid off and 700 open positions will be left unfilled.
Disney spokeswoman Tasia Filippatos said Friday the cuts ``reflect today's economic realities.''
The cuts were part of a reorganization announced in February. Among the cuts were 50 executives who accepted a voluntary buyout that was offered to 600 people.
The vast majority of the cuts came from managerial and other salaried staff, not from employees in the parks who interact with park visitors.
Some 1,200 people were laid off and 700 open positions will be left unfilled.
Disney spokeswoman Tasia Filippatos said Friday the cuts ``reflect today's economic realities.''
The cuts were part of a reorganization announced in February. Among the cuts were 50 executives who accepted a voluntary buyout that was offered to 600 people.
The vast majority of the cuts came from managerial and other salaried staff, not from employees in the parks who interact with park visitors.
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