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Disney increases layoffs to 32,000 amid coronavirus pandemic

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An employee cleans the grounds behind the closed gates of Disneyland Park on the first day of the closure of Disneyland and Disney California Adventure theme parks, in Anaheim, California, on March 14, 2020.

DAVID MCNEW | AFP | Getty Images

Disney is expanding the scope of its layoffs to around 32,000 workers as the coronavirus pandemic continues to pummel the theme park industry.

In an SEC filing published Wednesday, the company revealed that thousands of employees will have their jobs terminated in the first half of fiscal 2021. The majority of these layoffs will be from its parks, experiences and products division and include the 28,000 workers that the company previously announced in…



Source cnbc.com

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