Disney Interactive is laying off about 200 employees after the fallout from it’s restructuring that began last fall. The latest job cuts, which are expected to come in the next two or three weeks will only affect the video game and digital media subsidiary of the Walt Disney Company.
The Los Angeles Times reported on February 3, that “Disney Interactive, which lost more than $200 million a year between 2008 and 2012, is in a period of transition.”
This is the fourth round of layoffs for the company. In January of 2011, Disney Interactive Studios, which made video games, laid off about 300 people and the company shut down Propaganda Games, the development studio responsible for the “Tron: Evolution” video game, followed up by 50 people in 2012 and another 50 in 2013 along with closing its Junction Point Studios in Texas.
Disney Interactive’s latest game, “Disney Infinity,” released in August was a big hit over the holidays, after a years-long development process that cost Disney about $100 million. More than 3 million copies of the action-adventure game have been sold with the game being sold for gaming consoles, the PC and the iPad.
Disney Interactive also runs some of Disney.com and produces popular mobile games including the franchises “Where’s My Water?” and more recently, “Where’s My Mickey?”