More layoffs around the nation

NATION

Disney cuts 1,900 jobs

LOS ANGELES — The Walt Disney Co. says it has cut 1,900 positions at its U.S. theme parks due to the slumping economy. Some 1,200 people were laid off and 700 open positions will be left unfilled.

Disney spokeswoman Tasia Filippatos said Friday the cuts “reflect today’s economic realities.”

480 furloughed at Nationwide Insurance

COLUMBUS — Nationwide Mutual Insurance Co. on Friday laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said.

Nationwide has eliminated about 3,000 jobs nationally over the past two years. The company lost $342 million last year as the industry dealt with claims from an unusually high number of hurricanes and a sharp drop in investment returns.

FedEx lays off 1,000

MEMPHIS, Tenn. — FedEx Corp. laid off 1,000 employees Friday to meet job cuts the package delivery company announced were coming after third-quarter earnings dropped 75 percent.

FedEx said half of the dismissed workers — all of whom were salaried or management employees — were employed in Memphis, where the corporation and its largest operating unit, FedEx Express, are headquartered.

Before the cuts, FedEx Corp. had about 33,000 employees in the Memphis area and 290,000 workers worldwide.

Associated Press