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SMF Blogs > Fundamental Analysis > February 2009 > DIS Walt Disney to restructure domestic theme park operations

DIS Walt Disney to restructure domestic theme park operations

We have told investors and traders worldwide what it would take the start the rally and this here has to stop and bottom out for the markets to look forward as they have no clarity and therefore the selling keeps up. 

We are going to be teach people how this works going forward in our SMF Economic Club you can sign up now by sending an email to info@stockmarketfunding.com or by calling us today at 702-685-0772 we will be happy to update you so that you can start planning your futures moving forward.   
 
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SMF NOTES WSJ reports the co announced Wednesday a restructuring of its domestic theme-park operations, including an unspecified number of layoffs, amid languishing attendance and sharply reduced operating income. 
 
The announcement came less than two weeks after a deadline to accept voluntary buyouts that the company offered to about 600 executives in the Parks and Resorts division. 
 
Disney officials declined to say how many executives took a voluntary buyout, but said the number was "satisfactory." In a memo to employees Wednesday, Parks and Resorts Chairman Jay Rasulo said the cuts would help build "an organization and cost structure that meet today's economic realities."  

 
 
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Posted: 2/19/2009 8:41:48 AM by StockMarketFunding | with 0 comments


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