Walt Disney Layoffs Job Cut: fires employees: more to go: Finance Trading Times

Walt Disney Layoffs Job Cut: fires employees: more to go

The news is from Walt Disney which has gone for layoffs. The news is not good for the employees of Walt Disney as the organization is going for job cuts. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest additon to the list of organization which may go for layoffs is the Walt Disney. Walt Disney Logo

How many employees may be fired in the Walt Disney layoffs?
There is no official reports from the company. But as per the reports, a person intimated of the situation says that the no. of layoffs at Disney is around 450.

What is the total no. of employees of Walt Disney ?
Total No. of employees of Walt Disney is 62,000 as of now.

What will be the cost and savings by Walt Disney layoffs?
No info available about that.

When will the Walt Disney layoffs happen?
As per the reports, the layoffs are already underway.

Which locations and department of employees will be affected by the Walt Disney layoffs ?
No info is available location wise. As for the business segment or department, its the salaried workers who are affected. The employees affected belong to Disney World's back-office functions, including entertainment, merchandise, finance, transportation, training, emergency management,guest-service managers, managers and theme-park operations. It is reported that unionized employees have been spared.

What is the primary reasons for Walt Disney layoffs?
The layoffs are being done as a part of cost cutting exercise.

Any other news about Walt Disney layoffs
As per NewsDay, Disney World has been laying off workers since last month. But former employees say the cuts accelerated this week and have been so widespread that one former worker described it as "a massacre."
Let's hope that alternative jobs are available to the affected employees of Walt Disney Layoffs Job Cut
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