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Disney Lays Off 700 Employees

Disney has laid off 700 employees from their gaming division today, as the New York Times reports. That’s 26% of their staff, and it’s mostly in mobile, social, and web-based gaming.

ā€œThese are large-scale changes as we focus not just on getting to profitability but sustained profitability and scalability,ā€ Disney Interactive president James A. Pitaro told the Times

This follows a Wall Street Journal report that the company would cut hundreds of jobs last month. Last year, Disney closed down Epic Mickey developer Junction Point Studios and the iconic studio LucasArts

https://lastchance.cc/wsj-disney-will-lay-off-hundreds-this-week-1515234056%3C/a%3E%3C/p%3E

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