Disney Interactive Studios, a video game and digital media subsidiary of the Walt Disney Company, is cutting 700 jobs worldwide. Offices will be closing in the following places:
Disney Interactive revealed that it is cutting 26% of it’s workforce as it “has consolidated several lines of business as part of an effort to focus on the division on a streamlined suite of high quality digital products.”
No word yet if Disney plans to help the 700 employees find jobs throughout the Walt Disney Company.
The Walt Disney Company is up for a number of 2014 Oscars this year! Check out the list of nominated movies below.
Animated Feature: Frozen
Original Song: “Let It Go” from Frozen (music and lyrics by Kristin Anderson-Lopez and Robert Lopez)
Short Film – Animated: Get a Horse!
Original Score: Saving Mr. Banks (Thomas Newman)
Visual Effect: Iron Man 3 and The Lone Ranger
Makeup and Hairstyling: The Lone Ranger
Fingers crossed that Disney takes home all of the awards the company is nominated for!
Plus have you heard that Disney is working on a “Frozen” Broadway play?