Disney to cut quarter of jobs from global development group

Disney to cut quarter of jobs from global development groupThis article come to us from Jason Garcia at the Orlando Sentinel.

The Walt Disney Co.‘s theme-park division is eliminating almost a quarter of the jobs within its global business-development group, the unit charged within identifying future growth opportunities for Disney’s $11 billion-a-year parks business.

Walt Disney Parks and Resorts will cut 14 jobs — including 11 in Orlando — from the roughly 65-person global development team.

Disney said the move is designed to eliminate some of the overlap created nearly two years ago when it merged business development with real-estate development as part of broader corporate restructuring. More than half of the jobs will be culled from the real-estate group, whose Disney World projects include Golden Oak, a luxury-home subdivision being built near the Magic Kingdom, and Flamingo Crossings, a long-stalled retail-and-lodging district aimed at budget travelers.


“This will enable us to better align our approach to business development across the segment, eliminate duplication of efforts, and streamline our decision-making,” Disney World spokeswoman Andrea Finger said Thursday.

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Disney to cut quarter of jobs from global development group
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Chip is the owner, editor, and writer of Chip and Company. When he is not writing about Disney News or Planning Tips, you will find him counting down the days to his next Disney Vacation.
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