Disney offers buy-outs to 600 managers; Universal lays off 70*
Written by Robert Niles
Substantial hotel and ticket discounts have helped slow the expected loss of visitors at Walt Disney World and Disneyland this year, but not enough to save some employees' jobs.Tweet
Disney announced today that it's offering buy-outs to 600 managers at its U.S. theme parks. If not enough take the offer to leave (and the company didn't say how many that would be), then Disney might start laying off employees.
Disney also said that advance bookings at Disney's hotels were down six percent for the first six months of 2009, compared with the same period one year ago. That's a better showing the 10 percent drop the company forecast earlier, when it announced its current round of discounts.
*Update: (From the comments) Universal Orlando lays off 70 employees.
This article has been archived and is no longer accepting comments.
Previous article: An evening of themed entertainment, island style
What's it like to work at Disney World?
Insider's Pick: Ever wondered what it would be like to work at the Walt Disney World Resort? Stories from a Theme Park Insider offers more than 100 pages of fun, insightful, and even sometimes touching stories from people who've worked at Disney World's Magic Kingdom. It's a great way to get in the mood for your next trip to Orlando, or just to keep the memories of a Disney World visit alive.
Top U.S. Theme Parks
Walt Disney World's Magic Kingdom
Other Top International Parks
Features, News and Advice
"Stories from a Theme Park Insider"
Connect with Theme Park Insider