Walt Disney Company is to lay off a total of 32,000 staff. The figure includes an additional 4,000 cast members on top of plans to axe 28,000 jobs in its parks in Florida and California.
The latest redundancies by Disney were announced during a company filing with the US Securities and Exchange Commission. According to the filing: “Due to the current climate, including Covid-19 impacts, and changing environment in which we are operating, the company has generated efficiencies in its staffing, including limiting hiring to critical business roles, furloughs and reduction-in-force.”
“As part of these actions, the employment of approximately 32,000 employees primarily at Parks, Experiences and Products will terminate in the first half of fiscal 2021.
“Additionally, as of October 3, 2020, approximately 37,000 employees who are not scheduled for employment termination were on furlough as a result of Covid-19’s impact on our businesses,” Walt Disney Company concluded.