Disney announces 4,000 more layoffs due to pandemic

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Cars drive under a sign welcoming visitors near the entrance to Walt Disney World in Lake Buena Vista, Fla. In July.

Associated press

ORLANDO, Florida – The Walt Disney Co. has announced plans to lay off 4,000 additional employees largely due to the effects of the COVID-19 pandemic.

The company’s announcement was made in a U.S. Securities and Exchange Commission filing Wednesday, indicating that 32,000 employees in the Parks, Experiences, and Products division will be laid off in the first half of fiscal 2021, which started last month.

At the end of September, the company had already announced its intention to lay off 28,000 theme park workers. Dis from disney,
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did not say how many of the additional 4,000 employees work at theme parks in California or Florida.
In the SEC document filed on the eve of Thanksgiving Day, the company said it also put 37,000 unscheduled workers on leave due to the pandemic.

“Due to the current climate, including the impacts of COVID-19 and the changing environment in which we operate, the company has generated efficiency gains in its staffing, including limiting hiring to roles critical sales, time off and downsizing, ”the document told me.

The company also said it could cut spending further, such as reducing investments in film and television content, as well as additional time off and layoffs.

In Florida, the company has limited visitation to its parks and changed protocols to allow social distancing by limiting character meetings and greetings.

Disney parks closed in March as the pandemic began to spread in the United States. Florida parks reopened this summer, but California parks have yet to reopen pending local and state government approvals.

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