FROM THE MORNING CALL
The Walt Disney Co. is expected to begin layoffs in the coming weeks, with the cuts centering on the company's movie studio, a source with knowledge of the matter has confirmed.
The cuts, first reported by trade publication Variety, are said to be the result of an internal corporate review.
Layoffs are expected to affect the studio's marketing and home entertainment divisions, and possibly other areas, according to a source. Variety reported that the cuts would also be made in the production department.
It's not clear how many reductions there will be at the company. Reuters reported Thursday that cuts would be made in the studio's animation department and in Disney's consumer productions division.
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