Things are getting bad for Disney along with everyone else...

[wolfy999]

The Walt Disney Co. is offering a voluntary-separation plan to the nearly 600 executives in its Parks and Resorts division."The parks and resorts division is in the process of implementing a number of initiatives to contain costs and maximize efficiency," said Leslie Goodman, executive vice president of worldwide public affairs at Walt Disney Parks and Resorts. "Given the continued uncertainty of the economic environment, we must manage our business even more productively. "Disney did not reveal any details about the plan, including what it was offering to the executives who take the severance.Disney is announcing its first-quarter financial results for fiscal 2009 on Feb. 3.

[Morrigoon]

Holy cow.

[katiesue]

I saw that earlier - yikes.

[RStar]

It was on the news this morning.

Cutting some of the fat I guess.....

[wolfy999]

Here's another announcement:

Squash those Disney to Alaska rumors;


Princess Cruises, Holland America Line, Cruise West and Norwegian Cruise Line each were awarded a 10-year contract to operate in Alaska¢s Glacier Bay National Park from 2010 to 2019.




The national park said Disney Cruise Line had withdrawn its proposal for a permit, and that French small-ship line Le Ponant did not get a permit but might be offered a contract to enter Glacier Bay outside the peak season of June through August.