Disney Layoffs Deemed “Heartbreaking” By Company
Disney has announced its “difficult” decision to lay off 28,000 employees because of the COVID-19 impact. The affected employees will mainly come from the company’s U.S. theme parks, with a few from its customer product division.
According to Disney’s head of parks, Josh D’Amaro, the pandemic has led to closures of the theme park for months which caused billions of dollars in operating income loss during the second and third quarters.
Disney’s Florida parks have already reopened with new safety measures, but California’s Disneyland remains shut down due to California’s unwillingness to lift restrictions that would have allowed Disneyland to reopen.
D’Amaro said in a statement that “we have made the very difficult decision to begin the process of reducing our workforce at our Parks, Experiences and Products segment at all levels.”
‘Heartbreaking’ Decision Due to the Pandemic
The open parks operate under limited visitor capacity for an uncertain period as there is still uncertainty on how long the pandemic will last.
In a memo to employees, D’Amaro has informed employees that “for the last several months, our management team has worked tirelessly to avoid having to separate anyone from the company. We’ve cut expenses, suspended capital projects, furloughed our cast members while still paying benefits, and modified our operations to run as efficiently as possible, however, we simply cannot responsibly stay fully staffed while operating at such limited capacity.”
The decision to lay off employees was “heartbreaking”, according to D’Amaro, but it was the “only feasible option we have in light of the prolonged impact of COVID-19 on our business.”
The announcement affects only Disney’s parks in the U.S. and does not affect parks in Shanghai, Hong Kong, Tokyo, and Paris.
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