Disney offers 600 executives voluntary buyout packages

01/22/2009 | American City Business Journals

Walt Disney Parks and Resorts has offered hundreds of executives buyout packages as part of an effort to reduce expenses. "The parks and resorts division is in the process of implementing a number of initiatives to contain costs and maximize efficiency," Disney spokeswoman Leslie Goodman wrote. "Given the continued uncertainty of the economic environment, we must manage our business even more productively."

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