Posts Tagged ‘job loss’

70 Jobs Cut at Universal Orlando

Following yesterday’s post about Disney’s voluntary lay-offs comes word via the Orlando Sentinel that Universal Orlando is also eliminating jobs.

From the OS:

Universal declined to identify the positions it eliminated. It described them as mostly management-level jobs, with some in administrative and support areas.

Yikes! For all that people gripe about tourists in Central Florida, this is proof positive that our local economy really needs them – now more than ever.

The park is set to open two new attractions within the next twelve months: “Hollywood, Rip, Ride, Rockit” roller coaster and “The Wizarding World of Harry Potter,” based on the famous literary wizard.

In related news, it appears that Universal has also started charging $3 for parking after 6pm in its garages. I can see where they might think that it’s a quick revenue source, but I wonder how that little nugget is affecting locals coming out to CityWalk at night for movies and entertainment. Not to mention they now have to pay employees to collect this extra toll all night, whereas before nobody manned the booths after 6pm.

Over 600 Executives Offered Buyout from Disney

In the ever-tightening economy, Disney is now making a cost-cutting move that will affect hundreds of people in Central Florida. According to the Orlando Sentinel, it is offering about 600 of its executives a buyout option, with more than half of those chosen working here in the Orlando-area.

Spaceship EarthMany of those are people that have been with the company for decades and are commanding top dollar salaries. Granted some may be near retirement, anyways, but the realities are that in this economy, many can’t afford to be without a job. And if they don’t take the voluntary leave, many of them will just be laid off in the next round of cuts – but without the severance package being offered now.

All of this is happening as Walt Disney World has several DVC building projects in various stages of completion, and is preparing to open the new “American Idol” attraction at Disney’s Hollywood Studios, which I would imagine involves some hefty licensing fees.

Last thing Orlando needs is less jobs and more people looking for work.  What are your feelings on all this? Are you affected by this move in some way?  Let us know.

Terms of use | Privacy Policy | Content: Creative Commons | Site and Design © 2009 | Metroblogging ® and Metblogs ® are registered trademarks of Bode Media, Inc.