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Disney Could Be Laying Off Up To 250 Employees Next Week

| Filed under: DisneySad Sad

Disney Lay Off Next Week

Oh no!

We don't ever like to hear that lay offs are going to happen, because it instantly makes us feel for those unfortunate people about to lose their jobs. We wish everyone had job security, but that's just not possible.

So it's terrible that we've gotten news that Disney is about to lay off between 200 and 250 people next week, mostly from distribution areas, but people in marketing and production aren't safe either.

Disney has about 5k employees worldwide, so this is less than 5%. But like we said, any percentage isn't ideal.

Here are a few of the reasons they're giving:

Declining revenue from the home entertainment division has been cited as one of the causes (consumers are shifting away from buying movies to renting), as well as piracy.

But organizational changes are also factors, such as combining domestic and international distribution divisions and the growing reliance of Disney on DreamWorks, Marvel and Pixar to fill the movie pipeline.

Such a shame. We hope those who are about to lose their jobs a quick recovery in finding another. Maybe even a better one!

Good luck, everyone!

[Image via WENN.]

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8 comments to “Disney Could Be Laying Off Up To 250 Employees Next Week”

  1. emcmd says – reply to this


    1

    This coming on the heels of hiring Katie Couric!

  2. ErikJ says – reply to this


    2

    Doesn't seem likely they only have 5K worldwide. Multiple sources on the web puts the number at 150k.



  3. 3

    well when you charge $100/day to go to Disney Cali- what do they expect!



  4. 4

    Check your facts. Walt Disneyy World alone employs 60,000 people. Disneyland has 20,000 cast members. Laying off 250 isn't even close to 5%.



  5. 5

    Poor piracy getting the blame for everything. It's the fucking digital age mother fuckers. Buying dvd's is sooo 2000 and late. Streaming netflix is today and tomorrow.

  6. buck says – reply to this


    6

    lets just hope the 18-24 year old learned a valuable lesson in 2008and vote the right way in 2012. elections have consequences and this little experiment has proven to be a total disaster. jobs will not come back until we change our economic policy. until then we will sit at over 9% unemployment and 25% under-employed. and the 18-24 year old caucasians unemplolment rate is 10.5%, hispanic 11.9 % and african-american 24%



  7. 7

    try over 150,000 employees at last count (2008). way to check your facts, as usual. do you just make things up?

  8. @v@ says – reply to this


    8

    All of those highly paid Disney execs need to find a way to the front of the technology line before these problems hit. That's what they get paid the big bucks for.