currently riding high on the success of its recently released action-adventure
title Disney Infinity, and is
currently planning to expand the franchise to include Marvel and Star Wars. On
the flip-side however, the game studio is going through some tough times
financially, as the Wall Street Journal reports that hundreds of layoffs are
being prepared by the company.
to the newspaper, the layoffs are a direct result of Disney Interactive’s
financial briefing on Wednesday, February 5th. In addition, they
also seem to be motivated by new company President Jimmy Pitaro’s desire to
restructure the company, as several senior executives at the helm will be
Despite the news, Disney Interactive sales were up 38% to $403 million, and operating income jumped from $9 million to $55 million.
Source: Wall Street Journal