Name: Disney to Lay Off 32,000 People in the First Half of 2021
Brand: thewrap.com
SKU: thewrap-com-96
Availability: OnlineOnly

critic

Disney to Lay Off 32,000 People in the First Half of 2021

preview

In an update from projections announced in September, Disney announced Wednesday that it will lay off 32,000 employees in the first half of 2021, culled primarily from the company’s theme parks division. Disney has also confirmed that approximately 37,000 employees were furloughed as of Oct. 3.Originally, the company projected in September that it would cut 28,000 jobs in its theme parks division.“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 reductions-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,” Disney . “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.”which have prohibited the reopening of Disneyland and California Adventure among other locations.Also Read:COVID-19 transmission rates have risen sharply over the last several months and on Wednesday, California with 18,350. Wednesday was also the 33rd say in a row that the United States has set new COVID-19 case records; all total more than 260,000 people have died and .The theme park division isn’t the only part of the company to take a hit amid the pandemic. On Nov. 5 at least 50 people from Searchlight were let go .YOU'VE REACHED YOUR MONTHLY ARTICLE LIMIT.WANT TO KEEP READING?SIGN UP FOR OUR FREE DAILY NEWSLETTER, FIRST TAKETHANK YOUFOR SIGNING UP!Loyal readership ofWant to keep reading?Continue Here* You have also unlocked a free 7-day Trial Membership to WrapPROWANT TO GO DEEPER?FOR YOUR

In an update from projections announced in September, Disney announced Wednesday that it will lay off 32,000 employees in the first half of 2021, culled primarily from the company’s theme parks division. Disney has also confirmed that approximately 37,000 employees were furloughed as of Oct. 3.Originally, the company projected in September that it would cut 28,000 jobs in its theme parks division.“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...

public

Ross A. Lincoln

We're not in the business. We cover the business. Follow our Instagram for behind the scenes everything: thewrap

thewrap.com

Credible

Speculation

Anecdotal Evidence

Generalization

Stacking the Deck

Appeal to Authority

Straw Man

Slippery Slope

Emotional Appeal

Red Herring

False Dilemma

Illogical

Moral Equivalency

Ad Hominem

Correlation w/o Causation

Semantics

Begging the Question

Faulty Analogy

Non Sequitur

Bandwagon

Dogmatism

Failing Occam's Razor

Biased

Pure Opinion

Hit Piece

Racial Bias

National Bias

Religious Bias

Financial Incentive

Political Agenda

Gender Bias

Misused Image/Video

Study Misinterpreted

Mistake

Misused Term

Science Misrepresented

Factual Error

Satire

Surface Level

Lack of Reliable Sources

Sensational

Not Credible

Investigative

Balanced

Well Sourced

Great Context

sports

entertainment

U.S.

international

business

technology

science

culture

politics

media

health

Disney to Lay Off 32,000 People in the First Half of 2021

No article scores yet.

CRITIC REVIEWS

PUBLIC REVIEWS