is Disney Interactive laying off its employees?

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1. Guest674
   

   Disney Interactive has reportedly let another 80 or so employees go, adding to the more than 250 people that were let go earlier this year. Co-presidents James Pitaro and John Pleasants are overseeing the cuts, trying to trim down a division that once had more than 4,000 employees by seven percent or so.
   Last month, Pleasants, who used to run social game company Playdom, told investors that he wanted to cut the operating costs of the division by 25 percent, and it's likely these layoffs are part of that plan. Officially, Disney called the layoffs "targeted," and said they were "part of setting a strategic direction for future success in digital media." Hopefully this is the last round of exits we'll see from the shrinking House of Interactive Mouse.

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