Skip to main content

Advertisement

Disney Parks Are Laying Off 28,000 Employees Amid Pandemic

Disney Parks Are Laying Off 28,000 Employees Amid Pandemic

Disney is announcing some major decisions.

The Walt Disney Company revealed that 28,000 employees from the Parks, Experiences and Products segment “at all levels” will be laid off, THR reported Tuesday (September 29).

The company is placing the blame for the decision on California not allowing Disneyland to reopen at this time amid the pandemic.

“In light of the prolonged impact of COVID-19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic – exacerbated in California by the State’s unwillingness to lift restrictions that would allow Disneyland to reopen – 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, having kept non-working Cast Members on furlough since April, while paying healthcare benefits,” the statement reads.

“Approximately 28,000 domestic employees will be affected, of which about 67% are part-time. We are talking with impacted employees as well as to the unions on next steps for union-represented Cast Members. Over the past several months, we’ve been forced to make a number of necessary adjustments to our business, and as difficult as this decision is today, we believe that the steps we are taking will enable us to emerge a more effective and efficient operation when we return to normal. Our Cast Members have always been key to our success, playing a valued and important role in delivering a world-class experience, and we look forward to providing opportunities where we can for them to return.”

Meanwhile, Disney World is planning to reopen a water park in 2021.

Comments

Facebook

Ads

Popular posts from this blog

ScienceDaily: Latest Science News

ScienceDaily: Latest Science News Uncoordinated trade policies aid alien bee invasions One year posttransplant, recipients of hepatitis C kidneys disease-free Moderate blood sugar control targets recommended for most patients with type 2 diabetes 'Epigenetic landscape' is protective in normal aging, impaired in Alzheimer's disease Health data used to predict who will use opioids after hospitalization Restoring lipid synthesis could reduce lung fibrosis New dual-atom catalyst shows promise to yield clean energy by artificial photosynthesis Wildfires: Smoke and cloud interactions unexpectedly result in cooling Tropical forest response to drought depends on age How does resolving cannabis problems differ from problems with alcohol or other drugs? Roton quasiparticles observed in quantum gas Low blood sugar poses unaddressed threat to people with type 2 diabetes Genetic 'se...

Seyi Makinde threatens to expose Ajimobi, claims his Government inherited N150bn debt

Governor Seyi Makinde of Oyo state has claimed that his administration inherited a minimum debt of N150 billion, adding that his administration is still checking the books to determine the actual total debt. Governor Makinde made the claim in a media chat on the state television on the occasion of his one month in office, The Nation reports. It was gathered that the governor threatened to expose his predecessor, Abiola Ajimobi , if he does not keep quiet about his (Makinde’s) administration. He said: “ We have confirmed N150b debt so far. We are still working to discover any other one. Some of them may be questionable. If you take bond, it is always tied to a particular project. If we want, we can do value-for-money audit.” According to Makinde, Oyo state receives N4.5b federal allocation while salaries and pensions stand at N5.5b, leaving the state with a shortage of N1b. The governor, however, said that all those facts were not big problems, adding that he would only be needing...

Trade booster: Working with Finance Ministry to ease export credit, says Suresh Prabhu

Trade booster: Working with Finance Ministry to ease export credit, says Suresh Prabhu Export credit provided by banks fell sharply by about 51.3% to Rs 22,300 crore as of September 28 from a year earlier. The commerce ministry is closely working with the finance ministry to ease credit flow to the export sector, commerce and industry minister Suresh Prabhu said on Tuesday. “One of the main challenges for export is finance. There is a decline in (export) finance, so we have taken up the issue with the finance ministry…I think, the finance minister is also looking into this (as in) how we can improve the credit flow into the export sector,” Prabhu told reporters. Federation of Indian Export Organisations (FIEO) President Ganesh Gupta has been seeking adequate credit to exporters on grounds that lack of adequate loans would crimp the growth of exports. India’s exports have been hovering around $300 billion a year since 2011-12, without substantial growth. Read also |  World’s highest...