Universal Shanghai in doubt after some of Orlando design group laid-off

Posted Wednesday, May 12, 2004 8:14 AM | Contributed by Jeff

Vivendi Universal's parks and resort unit on Tuesday laid off two dozen people hired to work on a theme park planned for Shanghai. They were the latest cutbacks in the Orlando-based design group, which has seen its ranks dwindle from 100 to less than half that number during the past five months. The layoffs follow reservations expressed by Universal's new corporate owners that leave the once-heralded China expansion in doubt, according to sources familiar with the project.

Read more from The Orlando Sentinel.

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