This must be a fun decision. Imagine this, your bossman walks in and says, hey you can take this package and be on your way, ORRRRR, we may just cut you in a month or so anyways, to a somewhat worse deal. It's kinda like, Let's Make a Deal, only with your job.
Walt Disney Co. has offered voluntary buyout packages to about 600 executives at its domestic theme park and resort divisions as it seeks to trim costs in the face of a worsening economy.
Directors, vice presidents and other senior executives who work in Disney's two theme park locations in Anaheim and Orlando, Fla.; on its two cruise ships; at Disney's corporate headquarters in Burbank; and at Walt Disney Imagineering have until Feb. 6 to decide whether to take the voluntary separations. The company said that if it did not get enough volunteers it would implement involuntary layoffs with "a lesser severance package."
It's sad that companies refuse to support their employees in tough times, Disney must be worth more than a few hundred countries in the world, so instead of bucking up and keeping their people working, they cut jobs so the top executives can still get their fat bonuses. Kudos to you Disney company!
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