Disney Staffers Brace for Layoffs Amid Planned Reorg (Exclusive)

4 April 2013 5:32 PM, PDT | Variety - Film News | See recent Variety - Film News news »

Employees at the Walt Disney Co. are bracing for layoffs that are expected in the coming weeks as part of a reorganization of key operations.

It is believed that the company’s movie studio will be hardest hit, particularly in the areas of home entertainment, production and marketing, according to multiple sources familiar with matter.

The exact number of reductions are still being determined, as Disney brass conclude a company-wide review process that tasked each division with ensuring that staff levels are in line with the company’s needs in a changing marketplace, particularly in divisions affected by shifts in new media and technologies. The internal audit was ordered late last year by Disney chief executive Bob Iger and chief financial officer Jay Rasulo to identify areas of redundancy and departments that need revamping amid changing business models.

Many at the studio expect that the cuts and restructuring will occur »

- Marc Graser

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