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World of Disney => Disney & Co. => Topic started by: AmericanMouse on November 12, 2008, 03:40:08 PM

Title: Everyone Tightens Their Fiscal Belts: No Christmas Parties
Post by: AmericanMouse on November 12, 2008, 03:40:08 PM
The Walt Disney Company, along with other media giants like NewsCorp, GE and CBS/Viacom in the USA and the BBC in England, have canceled Christmas parties across the board due to the current worldwide economic crunch.  One subtle hint: in an in-office memo leaked to the website TVNewser.com, an American Broadcasting Company (the USA television network owned by Disney) News Division executive announced that all Christmas parties through the Disney empire have been canceled outright.

Even the annual cast member holiday parties at all Disney theme parks have been cut as a result of the money crisis.
Title: Re: Everyone Tightens Their Fiscal Belts: No Christmas Parties
Post by: The Butlin Boy on November 12, 2008, 07:24:39 PM
Oh dear. That's such a shame for all of the people who work for those businesses. :?
Title: Re: Everyone Tightens Their Fiscal Belts: No Christmas Parties
Post by: AmericanMouse on November 13, 2008, 03:32:10 AM
Unfortunately, that's just the times we're living in.  A poor economy internationally means there's fiscal belts to be tightened.
Title: Re: Everyone Tightens Their Fiscal Belts: No Christmas Parties
Post by: magic_823 on November 14, 2008, 04:40:12 PM
Yep its true American Mouse

In The Disney Store our xmas dinner is usually subsidized but it was announced it would be this year due to current financial situation.

sad times all round  :(
Title: Re: Everyone Tightens Their Fiscal Belts: No Christmas Parties
Post by: penfold12 on November 19, 2008, 12:48:38 AM
can understand why, but kind of compounds the issue! Just think of all the restaurants and bars that are going to struggle this year because of this....