I’m not sure what this means for the future of the company. There were several layoffs at PIXAR also, because of the delays to Dinosaur. This could be good, or this could be bad. I guess only time will tell.
From The Dis:
Three Disney executives laid off
Leah Zanolla | Posted: Nov 20, 2013 | Updated: Nov 20, 2013 – 10:30:31 PM
Three more executives have been laid off from the Walt Disney Co’s theme park division. These make six in the past few months. Rick Continelli, senior vice president of park sales and services for Walt Disney Parks and Resorts, was one of the most recent layoffs. Continelli was in charge of the Disney Institute, youth, military, weddings and sports programming and Disney’s convention business. In addition to his everyday duties, Continelli also represented Disney on the Visit Orlando tourism team. Karl Holz, president of new vacation operations for Disney Parks, will take over control of the Disney Institute.
The other two layoffs came from the information technology group. Laura Hall and Allen Fazio were vice presidents in this field and had been with the company for over 20 years.
Disney also announced a restructuring of the animals, science and environment team. No positions were laid off from this change. Other jobs lost recently include two research employees and one Internet group employee. These were due to a reorganization that combined the sales and marketing groups.
In addition to the executives who have been laid off, three other executives have recently left the company as well. Former vice president of global park operations and planning, Brian Britton, left to take a position as chief operating officer at Levy Restaurants. Two other Disney executives are now employed by NBCUniversal.
The only comment made by Disney on all the changes was this: “We regularly evaluate our organization to meet the evolving needs of our guests and our business.”