Disney cutting jobs

[Ed T]

This is a follow up to the article from yesterday about Disney putting on a hiring freeze. Now it looks like jobs will be cut.

http://www.orlandosentinel.com/business/orl-biz-disjob28032801.story?coll=orl%2Dhome%2Dheadlines

Ed

[wdwnut]

thanks for the link. it doesn't sound too terrible; several of the larger companies here in the northeast have already started doing some mandatory RIFs due to the uncertain economy. we'll have to wait and see.

[ttsui01]

Though I feel bad for those who are cut, I'm sure this will allow Disney to control its expenditures.

<BLOCKQUOTE><font size="-1">quote:</font><HR>Those cuts -- which will start out voluntary -- are expected to include as many as 1,400 workers -- or 3 percent -- at the company's Central Florida resort.[/quote]
That is a relatively small percentage.

<BLOCKQUOTE><font size="-1">quote:</font><HR>But the cuts do not include most of the hourly workers -- the front-line park employees -- who make up two-thirds of the company's 56,000 Orlando employees.[/quote]
It doesn't sound like they are cutting too many CMs.

<BLOCKQUOTE><font size="-1">quote:</font><HR>Disney World President Al Weiss has said the company is seeing softening in bookings for summer and fall and that Disney World will see declines in attendance this year.[/quote]
Yippee! Less people going to Disney World...more for us DVCers to enjoy!

OKW 8/00, OKW DVC 2/01