Disney Parks to Lay Off 28,000 Employees
As the COVID-19 pandemic continues to ravage the country, even massive companies like Disney are beginning to feel the effects (photo courtesy AP News).
The ”happiest” and most ”magical places on earth” are looking a little bleak, as the pandemic reminds everyone that not even Disney is safe from the effects of COVID-19. Restrictions in California have kept Disneyland from opening, and low attendance at Disney World in Florida has led the company to announce that 28,000 employees will be laid off.
“As heartbreaking as it is to take this action, this is the only feasible option we have 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,” said Josh D’Amaro, chairman of Disney Parks.
The Walt Disney Co. has always seemed untouchable, with huge theme parks and an even larger grasp on film markets. Although economists had hoped that unemployment numbers had begun to level off, this is sure to be a huge blow.
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