When Disney Interactive Studios laid off hundreds
of workers last month, insiders warned that the cost cutting wasn’t over. Now the executives overseeing that division have confirmed that.
Cco-president John Pleasants and James Pitaro, speaking at an investors conference this week, said they plan to reduce operating costs by another 25 percent before they’re through cutting. They did not detail how they plan to do that, but most workers feel like the axe is still hovering over their heads.
