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Disney layoffs: Disney Interactive to cut more jobs

Disney Co. - Interactive division
Disney Co. - Interactive division
Wikipedia

More Disney layoffs have been reported on Monday by Yahoo! News. Walt Disney Co. will be cutting more employees – as it has several times in recent years. The report asserts that up to 200 persons will be let go this week, following less-than-stellar quarterly financial results released by Disney this past week.

Disney’s Interactive division has the duty of managing the mega-media operation’s mobile, social media, online, and gaming properties – as well as other digital properties of the company’s vast operations.

There was the expectation of some structural changes after John Pleasants was replaced by Jimmy Pitaro near the end of 2013. In 2010, the two executives were named co-presidents at Walt Disney Co.

Disney had already cut 50 jobs a year ago last September and some 150 positions were cut in the spring of this past year. The company has reportedly been struggling with profitability. Yahoo! News referred to the Wall Street Journal in its initial report of this story.