Disney To Close Animation Studio

Disney is expected to close its animation studios in Orlando this week, cutting loose 260 workers. “Under pressure to reduce overhead and consolidate production, Disney already has shuttered animation studios in Paris and Tokyo. In all, the studio has cut more than 700 jobs in recent years — including 50 animators in Orlando last year — and trimmed animators’ salaries as much as 50 percent. The most recent cuts would leave Disney’s animation division with a core staff of 600 to 700.”