Report: 80 Jobs Cut from Disney Interactive Media Group

March 15, 2011 -

Though not confirmed by Disney Interactive Media Group, at least 80 employees, or two percent of its workforce are rumored to be laid off. According to web site paidContent, co-president Jimmy Pitaro led the latest cuts, which follows the loss of around 200 employees in January. The company has lost a total of seven percent of its 4000 strong workforce in 2011.

Disney has been cutting staff as part of a reorganization plan that saw it close Turok developer Propaganda Games and laid off staff at Warren Specter’s Junction Point. paidContent further reports that this latest round of layoffs will be the last and was what Disney had called "targeted layoffs" as part of its restructuring plan.

Source: GI.biz

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