January 22, 2009

Disney offers buyouts to 619 executives

Filed under: Resorts,US — 7macaw @ 11:04 am
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The Walt Disney Co. offered buyouts Wednesday to more than 600 executives at its U.S. resorts as the company struggles to cut costs amid a worsening recession.

The company planned to hand-deliver buyout packages to 619 executives, each of whom will have until Feb. 6 to decide whether to accept.

Disney said it will resort to layoffs if too few employees voluntarily walk away.

Source: Orlando Sentinel

January 9, 2009

CSX’s Greenbrier plans to lay off 650 employees

According to AP, Forbes: “The Greenbrier resort is furloughing nearly half its 1,350 employees as it struggles with a poor economy.”
“The resort recorded a loss of $35 million last year due to cancelations and a nearly yearlong labor dispute.”

January 6, 2009

Rumor: Wyndham Resorts to introduce Major layoff at sales stuff meeting (January 7, 2009)

Mandatory meeting for all Wyndham Resorts sales staff morning of 1/07/09 at all Florida resorts. Major layoff expected. More will be revealed, according to rumor.

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