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Monday, April 06, 2009

Disney lays off thousands

Disney World is a place where dreams come true, but some have come to an end after the company eliminated thousands of Florida jobs. The company claims that the lay offs are not related to the suffering economy, but from reorganization. No matter what the reason is, this is one of the largest lay offs for Disney.

With 1,900 lay offs at both Disney parks, 1,400 came from Florida. But Disney says that park goers won't notice a difference. Hundreds of the lost jobs were in positions that weren't being filled at the time. However, no "backstage" jobs didn't have the potential to be on the chopping block.

"These decisions were not made lightly, but are essential to maintaining our leadership in family tourism ... We continue to work through our reorganization and manage our business based on demand," Disney spokeswoman Kim Prunty said.

According to Disney, people who lost their jobs were given severance packages and help to find another job.

The good news is that the majority of the cuts are over. However, employees do have to face that their is a chance for more lay offs to come.

According to the Bureau of Labor Statistics, the Florida unemployment rate was 9.4% and rising in February.

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