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Disney to Cut 28,000 Jobs As COVID-19 Hits Theme Park Business

Disney to Cut 28,000 Jobs As COVID-19 Hits Theme Park Business

Walt Disney Co will lay off around 28,000 employees in its California-based theme park in the United States due to the prolonged impact of COVID-19 on business.

 

The move will impact 67 per cent of Disney's part-time employees. However, those laid off also include executives and salaried employees.

 

Josh D’Amaro, Chairman of the parks unit, said “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.”

 

Amaro cited the theme parks’ limited capacity and uncertainty about the pandemic’s duration, which he stated was “exacerbated in California by the state’s unwillingness to lift restrictions that would allow Disneyland to reopen.”

 

“Over the past several months, we’ve been forced to make a number of necessary adjustments to our business, and as difficult as this decision is today, we believe that the steps we are taking will enable us to emerge a more effective and efficient operation when we return to normal,” he added.

 

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