Disney to lay off about 32,000 workers in first half of 2021

Reuters) – Walt Disney Co said it would furlough off 32,000 workers at its theme parks as the company struggles with limited customers due to the coronavirus pandemic.
Filings concerning the lay off are set to be submitted before the security and exchange commission in the first quarter of 2021
Earlier this month, Disney said it was furloughing additional workers from its theme park in Southern California due to uncertainty over when the state would allow parks to reopen. Disney’s theme parks in Florida and those outside the United States reopened earlier this year without seeing new major coronavirus outbreaks but with strict social distancing, testing, and mask use.
Disneyland Paris was forced to close again late last month when France imposed a new lockdown to fight a second wave of the coronavirus cases. The company’s theme parks in Shanghai, Hong Kong, and Tokyo remain open.

SOURCE:https://www.reuters.com/article/us-disney-parks-layoffs/disney-to-lay-off-about-32000-workers-in-first-half-of-2021-idUSKBN2860EV

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