Disney lay offs....

[Biyanna]

Hubby just called from work and told me that Disney is asking for volunteers to lay off (salaried employees only-including accounts and imaganiation techs.)
This has me worried. Orlando (and surrounding counties)economy relies heavily on Disney. I also wonder how is this going to affect vacationers. :(

Biyanna
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Will hubby ever let us stay anywhere else? :rolleyes:

[tarzanman]

I just read the USA Today article in the paper and it says that the they are going to ask for 4000 volunteers to take a severence package and then they will make further cuts. That is a corporate thing. The theme parks and amusements owned by Disney are doing great and Michael Eisner knows how they got where they are. I wouldn't expect there to be any changes at WDW or Disneyland as far staff reductions go. For more information check out Disney's Corporate news on Disney.com

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[tarzanman]

To go with my previous comments. Disney has over 120,000 employee worldwide. To cut 4000 is not that significant. It is about 3% of the workforce. It will do wonders for Disney's cash position. Millions I hope. The stock price could use a boost but I don't think that it will move much in the positive direction in the coming months.

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[TinkerbellRules]

Our local news made it sound like the lay-offs were at Disney World. Did the article specify were the lay-offs were?

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[Maleficent2]

WDW will indeed lay off 1400 employees for the summer season.

Mal

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[Disneydenise]

How sad for those people. I hope they can find another job and soon. I think that 1400 jobs doesn't sound like alot unless it is your job that is gone. Hope that it doesn't affect anyones vacation but I am sure that it will effect those Disney Employees. I hope they can do something to keep up morale (sp)