BREAKING: Shanghai Disney Puts Financial Strangle-Hold on Domestic Disney Parks
Shanghai Disneyland is behind schedule and over budget, so Disney Parks will be looking to shave some money off their operational budget by cutting labor hours at both the Walt Disney World and Disneyland Resorts.
According to inside sources, the Disneyland Resort saw a 20% cut in labor costs from non-profit locations starting at the beginning of the month, this includes positions such as attractions, guest relations, custodial, entertainment, and more. Walt Disney World will see similar cuts starting this week, such as the cut of front desk curbside greeters at all resorts. All front desk and concierge cast members will also only be offered only up to 32 hours a week once the cuts are in effect. Other departments will have similar restrictions, but we could not confirm a complete list.
Entertainment cuts are coming as well, such as the removal of the 2nd Fantasmic! show on evenings until Easter week and only one nightly performance of the Main Street Electrical Parade through the entire month (a month which is typically quite busy thanks to Spring Break and Easter). Other entertainment cuts have been rumored, such as various characters meet and greet experiences being permanently removed, but none are confirmed at this time.
This isn’t the first shakeup Disney has made since the Shanghai project financially got out of hand. Just a few weeks ago there was a massive shakeup at Walt Disney Imagineering in an attempt to prevent such projects from falling apart again. However, these new changes affect cast members on the much lower end of the pay scale, many of which count on the longer hours in these seasons to make a decent living. Many have voiced concerns over the cuts and that they may have to look for work elsewhere in order to pay their bills.
Disney has made no public statement on the cuts as of yet.