Disney is going to cut 1,000 employees, ending the overall plan to cut a total of 4,000 jobs. These jobs are coming mostly from the theme parks in the US and their feature animation department. Around 3,000 of the employees losing their jobs have agreed to voluntarily leave the company, while the other [...]
For all you investment freaks: Euro Disney SCA, the company behind Disneyland Paris, saw its share price return above 1 euros last Friday, and has since reached its highest price since November 1999, climbing to 1.15 euros.
According to sources its operating margins were up 36 per cent thanks to development of its property division.
Disney is making its recruiting push to find seasonal workers. Since workers are becoming scarce Disney is trying a new strategy. They go directly to High Schools and audition kids after school. This does not mean that Disney will stop doing job fairs its Careet Blast summer job fair recruited about 300 summer [...]
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