Many outlets, including The Motley Fool are reporting that Walt Disney World Resort is expected to see budget cuts despite record profits last quarter. The article references both the Orlando Sentinel and WDWNT. Cuts are expected to include the following:
- 100 to 140 Resort Wide painters
- Curbside Greeters at Resorts
- Cast member reduction at attractions
Speculation is that these cuts are related to cost overruns as part of the Shanghai Disneyland project as well as the ongoing My Disney Experience / My Magic + project at Disney World. Both projects were reportedly significantly over budget.