Darkbeer
07-25-2006, 11:52 PM
http://today.reuters.com/news/newsArticle.aspx?type=industryNews&storyID=2006-07-26T052752Z_01_N26230144_RTRIDST_0_INDUSTRY-DISNEY-DC.XML
QuikQuote:Walt Disney Studios laid off 650 employees Tuesday, a week after it announced a sweeping overhaul of its operations.
The cuts represent 20 percent of the studio's work force, including 325 U.S. and 325 international employees.
Employees in Walt Disney Feature Animation, Pixar Animation Studios, Miramax Films, Buena Vista Music Group and Buena Vista Theatrical Prods. were not affected by the layoffs.
Walt Disney Studios chairman Dick Cook said last week that the studio would cut its film output to 12-13 pictures per year, with an emphasis on Disney-branded family movies.
QuikQuote:Walt Disney Studios laid off 650 employees Tuesday, a week after it announced a sweeping overhaul of its operations.
The cuts represent 20 percent of the studio's work force, including 325 U.S. and 325 international employees.
Employees in Walt Disney Feature Animation, Pixar Animation Studios, Miramax Films, Buena Vista Music Group and Buena Vista Theatrical Prods. were not affected by the layoffs.
Walt Disney Studios chairman Dick Cook said last week that the studio would cut its film output to 12-13 pictures per year, with an emphasis on Disney-branded family movies.