Disney to lay off 28,000 workers as coronavirus crushes theme parks
Walt Disney Co. announced 28,000 layoffs in its theme-park division on Tuesday, financial victims of protracted park closures caused by the coronavirus pandemic that an executive says has been “exacerbated” by California’s refusal to allow Disneyland to reopen.
“In light of the prolonged impact of COVID-19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic — exacerbated in California by the state’s unwillingness to lift restrictions that would allow Disneyland to reopen — we have made the very difficult decision to begin the process of reducing our workforce at our Parks, Experiences and Products segment at all levels, having kept non-working cast...
Disney initially planned to reopen Disneyland on July 17, but that reopening was delayed indefinitely.
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