Disney Parks and Resorts Division Restructures for Cost Savings
The change that we all knew was coming has been announced. Once Disney announced that they would be offering severance packages to hundreds of Parks and Resorts Division Executives, I knew the next shoe to drop would be a further consolidation of the east and west coast management structures.
Frankly, Disney has been trending this way a long time. Disneyland lifers have been holding out against the move fearing they would lose some of what makes Walt Disney’s original park special, but the economic crisis has given Jay Rasulo the ammunition to install the changes.
This new action will result in some job loss even below the executive level that was offered severance packages. Unfortunately the details were not announced so we don’t know how deep job loss will go.
Two areas we know are going to get hit hard are: Imagineering and Theme Park Operations. At Walt Disney Imagineering everyone will be consolidated into a single group that handles design for all parks.
The operating infrastructure at Walt Disney World and the Disneyland Resort will also be merged to create a single domestic organization and “back-of-house” operation.
Disney execs were putting the final touches on these changes last week while in town for the American Idol Experience launch.
The changes announced today are effective immediately.
Disney’s Press Release on the reorganization is below the cut and don’t miss Jason Garcia’s coverage at the Orlando Sentinel.:
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