Walt Disney has announced that they will lay off 28,000 employees, mostly at US theme parks
He cited the limited number of visitors to Disney Park as the reason for the uncertainty about how long the coronavirus epidemic would last.
The organization’s theme parks have had a major impact from the epidemic.
Disney closed all of its parks after the virus spread earlier this year, but only Disneyland in California remains closed.
Josh D’Amaro, chairman of the park unit, said in a statement, “We have made an extremely difficult decision to begin the process of reducing our level of staff in the park, experience and products department.”
Camouflage applies to “household employees” of which about 67% are part-time
Disney has parks in Shanghai, Hong Kong, Tokyo and Paris, which are not affected by this announcement.
Disney in Hong Kong reopened last week after being closed for a second time in July due to a spike in the Covid-19 case.
With the exception of Disneyland in California, all of the company’s parks have now reopened, although the number of visitors is limited due to social distance.
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Disney’s revenue for its parks, experiences and products division fell to 85% from the same quarter in 2019, to 4. 4.7bn (£ 3.6bn) in the three months to June 27.
Mr D’Amaro said the agency’s problems in California were exacerbated by the state’s reluctance to lift sanctions that allowed Disneyland to reopen. “
Disney is working to persuade California to allow the company to relaunch Disneyland.
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