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DIS Walt Disney Co

103.28
0.51 (0.50%)
After Hours
Last Updated: 22:07:41
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walt Disney Co NYSE:DIS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.51 0.50% 103.28 104.03 102.84 103.03 9,476,343 22:07:41

Disney's Maker Studios to Lay Off 10% of Staff -Report

03/06/2014 5:59pm

Dow Jones News


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Walt Disney Co.'s (DIS) recently acquired multi-channel network Maker Studios is expected to lay off about 10% of its 380 employees as early as this week, Variety reported Monday, citing people with the company.

It isn't clear what is prompting the layoffs, the report said.

"Maker's business is constantly evolving, and we routinely reassess our internal resources and make strategic adjustments, reducing staff in some areas while actively hiring in others," the company said in a statement.

Full story at http://variety.com/2014/digital/news/layoffs-to-hit-disneys-maker-studios-exclusive-1201183572/

Write to nymonitoring@dowjones.com

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