Disney Lays Off 1,900
Disney has reportedly laid off 1,900 executive, management, and professional positions related to their theme parks in California and Florida according to the Orlando Business Journal. A total of 1,400 positions were cut from the company’s Central Florida resort while the remainder were associated with the company’s California park.
Smith Travel Research, which tracks hotel performance around the nation, noted a 26 percent decline in Orlando-area hotels during the last week of March. This just happens to be the greatest decline in the nation. What’s most troubling to tourism officials is that the industry relies on the first four months of the year for much of its annual revenue.
To make up for the loss, all Disney has to do is extend their Hannah Montana aka Miley Cyrus branding. What about a Hannah Montana’s leg shaving kit? Or Hannah Montana deodorant? I’ve only been inside a Wal-Mart once so I can’t testify but I assume they probably already have these products. You get the gist, though.