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06-02-2014, 09:53 PM
Disney's Maker Studios to Shed 10% of Workforce
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Maker Studios will lose about 10% of its workforce to layoffs just months after the company was acquired by Walt Disney Co., according to a report.
Disney bought Maker (http://mashable.com/2014/03/24/disney-youtube-network-maker-studios-for-500-million/?utm_medium=feed&utm_source=rss) in late March in a deal that could eventually be worth as much as $950 million. Few details emerged about the job cuts, which could hit as early as this week, according to Variety (http://variety.com/2014/digital/news/layoffs-to-hit-disneys-maker-studios-exclusive-1201183572/).
See also: Disney's Doing Great, So Why Buy a Bunch of YouTube Channels? (http://mashable.com/2014/03/25/disney-places-a-bet-on-mobile-and-youtube-with-maker-acquisition/?utm_medium=feed&utm_source=rss)
Maker currently has around 380 employees. It has more than 55,000 channels that log 5.5 billion monthly views
Layoffs are **t uncommon following an acquisition as companies seek to minimize redundant workers. A source familiar with the situation said that any possible reductions are unrelated to the acquisition. Read more... (http://mashable.com/2014/06/02/disney-maker-layoffs/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Youtube (http://mashable.com/category/youtube/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Disney (http://mashable.com/category/disney/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Media (http://mashable.com/media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Maker Studios (http://mashable.com/category/maker-studios/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/j4AqS8o-qTw
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Maker Studios will lose about 10% of its workforce to layoffs just months after the company was acquired by Walt Disney Co., according to a report.
Disney bought Maker (http://mashable.com/2014/03/24/disney-youtube-network-maker-studios-for-500-million/?utm_medium=feed&utm_source=rss) in late March in a deal that could eventually be worth as much as $950 million. Few details emerged about the job cuts, which could hit as early as this week, according to Variety (http://variety.com/2014/digital/news/layoffs-to-hit-disneys-maker-studios-exclusive-1201183572/).
See also: Disney's Doing Great, So Why Buy a Bunch of YouTube Channels? (http://mashable.com/2014/03/25/disney-places-a-bet-on-mobile-and-youtube-with-maker-acquisition/?utm_medium=feed&utm_source=rss)
Maker currently has around 380 employees. It has more than 55,000 channels that log 5.5 billion monthly views
Layoffs are **t uncommon following an acquisition as companies seek to minimize redundant workers. A source familiar with the situation said that any possible reductions are unrelated to the acquisition. Read more... (http://mashable.com/2014/06/02/disney-maker-layoffs/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)
More about Youtube (http://mashable.com/category/youtube/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Disney (http://mashable.com/category/disney/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), Media (http://mashable.com/media/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss), and Maker Studios (http://mashable.com/category/maker-studios/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)http://feeds.feedburner.com/~r/Mashable/~4/j4AqS8o-qTw