Safety Concerns Shut Down Disneyland’s Space Mountain

by Christopher Freeburn | April 15, 2013 9:56 am

Safety Concerns Shut Down Disneyland’s Space Mountain

walt disney leaving avoid 630 300x198 Safety Concerns Shut Down Disneyland's Space Mountain[1]On Sunday, Disney (NYSE:DIS[2]) announced that it had temporarily closed two popular rides at its Disneyland theme park[3].

Both the Soarin’ Over California ride and the Space Mountain roller coaster remained shut down after state inspectors issued citations relating to a November accident at the park. That accident badly injured an employee outside Space Mountain, the Los Angeles Times noted.

A third ride, the Matterhorn Bobsleds, was shut down after the citations were received on Friday, but re-opened on Sunday.

According to a Disneyland spokesperson, the rides were shut down on a voluntary basis so that the theme park could evaluate its employee safety procedures.

Earlier this month, rumors circulated that Disney was preparing to launch a round of corporate layoffs in a bid to reduce costs[4].

Shares of Disney dipped slightly in Monday morning trading.

Endnotes:
  1. [Image]: http://investorplace.com/wp-content/uploads/2011/08/walt_disney_leaving_avoid_630.jpg
  2. DIS: http://studio-5.financialcontent.com/investplace/quote?Symbol=DIS
  3. temporarily closed two popular rides at its Disneyland theme park: http://www.latimes.com/local/lanow/la-me-ln-disneylands-space-mountain-temporarily-closed-after-park-cited-20130414,0,7046554.story
  4. launch a round of corporate layoffs in a bid to reduce costs: http://investorplace.com/2013/04/disney-layoffs-are-on-the-way/

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