ORLANDO, Fla. — Disney introduced that it’ll lay off an extra 4,000 of its workers by the top of March because of the coronavirus pandemic. That is along with 28,000 that the leisure large introduced in September that it could lay off.
What You Want To Know
- In all whole, 32,000 workers will probably be laid off
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The information of the layoffs got here on Wednesday as Disney filed with the Securities and Change Fee.
The Walt Disney World Firm acknowledged that general, about 32,000 workers will probably be terminated within the “first half of the fiscal 2021” and that quantity consists of the 28,000 layoffs that had been introduced in September.
In a 10-Ok submitting launched Wednesday, The Walt Disney Firm mentioned, general, roughly 32,000 workers will probably be terminated within the “first half of fiscal 2021” on account of COVID-19 impacts. This quantity consists of the 28Ok layoffs that had been introduced for the Parks division in September. pic.twitter.com/OIy7UBTXIg
— Ashley Carter (@AshleyLCarter1) November 26, 2020
In accordance with Disney’s latest annual report, it employs greater than 223,000 individuals and its parks enterprise has greater than 100,000 workers within the U.S.
The corporate warned that it may additionally eliminate its dividend and scale back or not make any contributions to pension and retirement medical plans.
The pandemic has had steady unfavorable impacts on not simply Disney, however different Florida theme parks.
It was reported again in September that greater than 900 SeaWorld and Busch Gardens workers had been laid off.