Thursday, February 19, 2009

Even the happiest place on earth is, well, unhappy

Apologies for the recent downer posts, but as an unemployed chica, I gotta keep my eyes out for all things related to the economy. Check this out...courtesy of the NYT:

The Walt Disney Company said on Wednesday that it would lay off an unspecified number of workers as it revamped its theme parks after declines in attendance and revenue. The latest job cuts follow Disney’s offer last month of voluntary buyout packages to about 600 executives in the parks division....Weeks earlier, the company reported a 32 percent decline in quarterly profit amid the recession.

Ick. This comes just a couple of weeks after Obama's negative comments about Vegas (and subsequent conference cancellations -- "In the last month, 30,000 hotel room nights booked for conferences have been canceled at an estimated loss of $20 million to the city, according to the Las Vegas Convention and Visitors Authority.")

You know things are really bad when even Mickey Mouse is getting fired....

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