Disney Will Lay Off 28,000 People
Disney will lay off 28,000 people. The company will reduce the number of employees due to the
coronavirus outbreak.
Walt Disney, one of the world's largest entertainment platforms, announced that it has decided to lay off 28 thousand people working in theme parks due to the new type of Coronavirus (Covid-19) outbreak.
Disney Parks manager Josh D'Amaro said in a message to employees that 67 percent of the 28,000 planned layoffs will be part-time employees.
In the message published by CNBC on the subject, D'Amaro said, "As you can imagine, a decision of this size is not easy."
Stating that the Disney management has been making efforts to avoid from firing employees for the past few months, D'Amaro said:
“ We reduced expenses, suspended capital projects, took our cast members on unpaid leave while continuing with support payments, and changed our operations to work as efficiently as possible, but we cannot maintain a full staff while working with such limited capacity.”