Disney to lay off over 28,000 employees as COVID-19 hits its theme park business

Disney on September 29 anunced that it would lay off 28,000 employees in its California-based me park division in United States due to prolonged impact of COVID-19. While speaking to New York Times (NYT), Chairman of Disney Parks Josh D'Amaro said that this decision seemed only feasible option. company informed that company is going to cut one-fourth of its employees. 

He said, "As heartbreaking as it is to take this action, this is only feasible option we have in light of prolonged impact of Covid-19 on our business, including limited capacity due to physical distancing requirements and continued uncertainty regarding duration of pandemic."

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COVID-19: Disney to cut 28,000 me park jobs in US

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In me parks of California and Florida, Disney h employed over 110,000 employees before pandemic. w, after newly anunced job cuts, entertainment giant will t have around 82,000 employees. Due to state's unwillingness to lift restrictions that would allow Disneyland to reopen, layoffs were aggravated in California, D'Amaro said in a statement. Walt-Disney World in Florida reopened partially in mid-July, but attendance has been very less due to concerns COVID-19. According to NYT, Disney will negotiate with unions which represent bulk of affected employees. 

Coronavirus outbreak in United States

According to Johns Hopkins University, United States continues to be worst affected country by pandemic with 7,406,146 COVID-19 cases and 210,785 deaths. As per latest updates, 4,648,683 people have successfully recovered from COVID-19. Currently, total number of active Coronavirus cases in country are 2,546,678. 

(With inputs from ANI)

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