Disney to lay off more than 30,000 workers in first half of 2021
The Walt Disney Company has announced that it will lay off 32,000 employees amid the ongoing coronavirus pandemic.
The figure is an increase from the 28,000 previously announced by the company, and primarily includes employees from its theme parks in the US, according to Reuters.
In a SEC filing on Wednesday, Disney wrote: Due to the current climate, including Covid-19 impacts, and changing environment in which we are operating, the company has generated efficiencies in its staffing, including limiting hiring to critical business roles, furloughs and reductions-in-force.
As part of these actions, the employment of approximately 32,000 employees primarily at Parks, Experiences and Products will terminate in the first half of fiscal 2021. ..........(more)
https://www.independent.co.uk/news/world/americas/disney-lay-off-workers-coronavirus-pandemic-b1762170.html