Tuesday, September 29, 2020 5:27:15 PM
Disney to lay off around 28,000 workers at its parks in California and Florida due to pandemic
https://finance.yahoo.com/m/4175bc14-36e6-3577-93e8-8647491f0e09/disney-to-lay-off-28-000-amid.html
The massive job reduction was the most eye-opening among several severe cost-cutting measures made by Disney DIS, -0.46% , which has lost billions of dollars in potential revenue because of suspended operations at its amusement parks, live-production units and cruise lines since COVID-19-imposed closures dating back to March.
About two-thirds of the 28,000 who lost their jobs worked part time, according to D’Amaro. The company did not specify how many were laid off from parks.
Disneyland and California Adventure in Anaheim, Calif., remain shuttered while theme parks in Florida, Paris, Shanghai, Japan, and Hong Kong have reopened to limited capacity.
https://finance.yahoo.com/m/4175bc14-36e6-3577-93e8-8647491f0e09/disney-to-lay-off-28-000-amid.html
The massive job reduction was the most eye-opening among several severe cost-cutting measures made by Disney DIS, -0.46% , which has lost billions of dollars in potential revenue because of suspended operations at its amusement parks, live-production units and cruise lines since COVID-19-imposed closures dating back to March.
About two-thirds of the 28,000 who lost their jobs worked part time, according to D’Amaro. The company did not specify how many were laid off from parks.
Disneyland and California Adventure in Anaheim, Calif., remain shuttered while theme parks in Florida, Paris, Shanghai, Japan, and Hong Kong have reopened to limited capacity.
My post is for Your Eyes only and my entertainment
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