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Disney increases layoffs to 32,000 workers by March 2021

Disney increases layoffs to 32,000 workers by March 2021

The coronavirus pandemic continues to hurt businesses across the world and Disney is no exception. On Wednesday, Disney provided an update on the company's finances and it says it plans to let thousands of workers go in 2021. According to Disney's Form 10-K that was filed to the U.S. government, the company said it plans to terminate about 32,000 employees, primarily from the "Park, Experiences and Products" departments during the first half of the 2021 fiscal year. Back in September, Disney announced it would lay off 28,000 workers. A spokesperson with Disney told FOX 11 the new figure...

November 26, 2020
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