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July 13, 2006

Job Cuts Across Disney's Movie Studio Sector Despite last weekend's record debut of its "Pirates of The Caribbean: Dead Man's Chest," the Walt Disney Co. is moving ahead with plans to slash hundreds of studio jobs and curtail the number of films it makes in a larger effort to squeeze costs. Across-the-board layoffs are expected to hit every major domestic and international sector of the movie studio, people familiar with the plans said, including production, post-production, legal and business affairs, marketing, distribution and home video. The Burbank studio's animation operation, Miramax Films unit and its music group are expected to be spared.

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