The Walt Disney Company has announced that it will layoff an additional 4000 theme park Cast Members in addition to the previously announced 28000.
Prior to the September layoffs, Walt Disney World employed approximately 70,000, with Disneyland Resort employing around 30,000. The distribution of layoffs from September was approximately 18000 at Walt Disney World and 10000 at Disneyland. It isn’t yet clear where the additional 4000 layoffs will take place.
Both Disneyland and Walt Disney World closed in mid-March as the COVID-19 impacts began, with Walt Disney World reopening in mid-July and Disneyland Resort remaining closed.
In a filing with the SEC, the company said:
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.
Article Posted:
Nov 26, 2020 / 6:41pm ET