Second Round of Layoffs for Disney Interactive Media Group

Disney Interactive Media Group recently laid off 80 employees as part of the two co-presidents' plans for restructuring. This is the second round of layoffs for DIGM, with 200 employees laid off in January 2011.

A statement was released by Disney in which the layoffs were deemed "as part of setting a strategic direction for future success in digital media."

Last month at an investors' event, DIMG Co-Presidents Jimmy Pitaro and John Pleasants outlined their plan to make the group profitable. Restructuring, flexibility and a smaller yet growing operation were part of their vision for the DIMG's future.

Pitaro and Pleasants came on board with DIMG last October.


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