Walt Disney Co. announces plans to lay off 4,000 more employees, mainly due to the effects of the COVID-19 pandemic
ORLANDO, Fla. ̵
The company’s announcement was made in a U.S. Securities and Exchange Commission filing earlier this week, saying 32,000 employees in parks, experiences and products will be laid off in the first half of the 2021 fiscal year that began last month.
By the end of September, the company had already announced plans to lay off 28,000 theme park workers. The company did not say how many of the additional 4,000 employees work in the California or Florida theme parks.
In the SEC document filed on the eve of Thanksgiving Day, the company said it also put 37,000 employees unplanned to lay off because of the pandemic.
The company also said they could make more spending cuts, such as reducing movie and TV content investment and further downturns and layoffs.
In Florida, the company has restricted presence in its parks and changed protocols to allow for social distance by limiting characters ’encounters and greetings.
Disney parks closed in March when the pandemic began spreading in the United States. The Florida parks reopened in the summer, but the parks in California have not yet reopened until state and local government approval is approved.
An earlier version of this report said the 4,000 workers worked in the amusement park. But the figure includes employees in parks, experiences and products.