Reported in late May by N.Y. Times stalwart Laura Holson, rotely repeated by yours truly after speaking to a Disney employee at a party a week and a half ago, and now reiterated by Variety and also CNN Reuters: whackings, whackings…big whackings at Disney are soon to happen. “Plans to slash annual movie production by more than half — film production will drop from 18 films annually to eight — and eliminate jobs to ttrim costs and improve shareholder returns.” L.A. Times reporter Claudia Eller has written that “people familiar with the studio’s plans [estimate] that the workforce will be reduced by 20% to 25%.”
