Disney is foreseen to sack 28,000 of its employees across its parks, experiences and consumer products divisions, mentioning challenges managing the company’s theme parks with extended coronavirus-related closures and limited openings.
The company’s head of parks Josh D’Amaro issued a letter to Disney’s employees on Tuesday to declare “difficult decisions” to reduce the size of its staff across executive, salaried and hourly roles as it nears the end of its fiscal quarter after billions of dollars in revenue downturns in 2020.
“We initially hoped that this situation would be short-lived and that we would recover quickly and return to normal,” he wrote, “Seven months later, we find that has not been the case.”
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