|Real-time Estimate - 01/26 10:32:43 am|
Walt Disney : Disney to lay off 4,000 more employees amid pandemic
|11/27/2020 | 10:42am|
The announcement by the company was made in a
In late September, the company had already announced plans to terminate 28,000 theme park workers. The company did not say how many of the additional 4,000 employees work at the
“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,” the document said.
The company also said they may make more cuts in spending such as reducing film and television content investments and additional furloughs and layoffs.
Disney’s parks closed in March as the pandemic started spreading in the
A previous version of this report said the 4,000 workers worked at the theme parks division. But the figure includes employees at parks, experiences and products.
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