Disney Lays Off 28,000 Workers

A visitor uses a mask while walking by Mickey Mouse at Hong Kong Disneyland.

Lam Yik/Bloomberg by means of Getty Images

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Lam Yik/Bloomberg through Getty Images

A visitor wears a mask while strolling by Mickey Mouse at Hong Kong Disneyland.

Lam Yik/Bloomberg by means of Getty Images

The Walt Disney Companys style parks, cruises and resorts have actually been ravaged by COVID-19. Today Disney announced it is laying off 28,000 employees from its Parks, Experiences and Products division.

Given That April, Disney covered healthcare costs of furloughed staff members. DAmaro says Disney is, “talking with impacted workers along with to the unions on next actions.”

DAmaro calls the choice “heartbreaking” but “the only practical choice” due to “the ongoing uncertainty regarding the period of the pandemic.”

In a letter to employees, Josh DAmaro, Chairman of Disney Parks, Experiences and Products composes, “We initially hoped that this situation would be brief, and that we would recuperate rapidly and return to normal. Disneyland Paris, Hong Kong Disneyland, Shanghai Disney and Disney World in Florida are open, with security protocols in location. In August, The Walt Disney Company reported a loss of $4.7 billion in its 3rd quarter.

Of the 28,000 workers affected, 67 percent are part-time.

In a letter to staff members, Josh DAmaro, Chairman of Disney Parks, Experiences and Products writes, “We initially hoped that this scenario would be short-lived, and that we would recuperate rapidly and go back to typical. 7 months later on, we discover that has not held true. And, as an outcome, today we are now forced to decrease the size of our group throughout executive, employed, and hourly roles.”

Disneyland Paris, Hong Kong Disneyland, Shanghai Disney and Disney World in Florida are open, with security protocols in place. Disneyland in Anaheim stays closed. In August, The Walt Disney Company reported a loss of $4.7 billion in its 3rd quarter.