Disney Layoffs

By Ronald Grover Walt Disney Co, which reported record earnings in November, started an internal cost-cutting review several weeks ago that may include layoffs at its studio and other units, three people with knowledge of the effort told Reuters. Disney, whose empire spans TV, film, merchandise and ...

Despite the international success of "Pirates of the Caribbean: on Stranger Tides," at least 200 employees will soon be exiting through the gift shop, as Disney's belt-tightening requires the Magic Kingdom to further reduce its population. ...