ORLANDO, Fla. — The Walt Disney Co. introduced plans to put off 4,000 extra staff largely because of the results of the COVID-19 pandemic.
The announcement by the corporate was made Wednesday in a U.S. Securities and Change Fee submitting, saying 32,000 staff on the parks, experiences and merchandise division shall be terminated within the first half of fiscal yr 2021, which started final month.
In late September, the corporate had already introduced plans to terminate 28,000 theme park employees. Disney
didn’t say how lots of the extra 4,000 staff work on the California or Florida theme parks.
Within the SEC doc filed on the eve of Thanksgiving Day, the corporate mentioned it additionally put 37,000 staff not scheduled for termination on furlough on account of the pandemic.
“Because of the present local weather, together with COVID-19 impacts, and altering surroundings through which we’re working, the corporate has generated efficiencies in its staffing, together with limiting hiring to essential enterprise roles, furloughs and reductions-in-force,” the doc mentioned.
The corporate additionally mentioned they may make extra cuts in spending equivalent to decreasing movie and tv content material investments and extra furloughs and layoffs.
In Florida, the corporate has been limiting attendance at its parks and altering protocols to permit for social distancing by limiting characters’ meet and greets.
Disney’s parks closed in March because the pandemic began spreading within the U.S. The Florida parks reopened in the summertime, however the California parks have but to reopen pending state and native authorities approvals.