Recently Walt Disney Company has laid off close to 250 people from within all different departments of the company. This is the second time since August there has been layoffs. The last set of layoffs were focused on the Disney Imagineering division of designers and builder.
The recent group of those laid off represent 5% of the interactive and consumer products divisions.
Also affected were employees of Disney’s interactive team, those employees worked in the recently closed Disney Infinity area that left 300 people without a job. Those based in the studios in Washington who worked “Marvel: Avengers Alliance.” were also affected when Disney made the decision earlier this year to move away from creating in-house video games, instead choosing to rent their characters out.
These departments had two down quarters, the second fiscal quarter there was an 8% decrease with a reported income of $357 million. The third fiscal quarter was down 7% reporting $324 million.
Walt Disney World Company is claiming the decrease is due to the decrease in merchandise licensing.
Worldwide Walt Disney World Company employees 180,000 people.
Photo credit: thewaltdisneycompany.com
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