An employee cleans the grounds behind the closed doors of Disneyland Park on March 14, 2020 at Disneyland and Disney California Adventure Theme Park, Anaheim, California.
David MCNuev | AFP | Getty Images
Disney is expanding its layoffs to about 32,000 workers as the coronavirus epidemic continues to haunt the theme park industry.
In an SEC filing released on Wednesday, the company announced that thousands of employees would lose their jobs in the first half of fiscal year 2021. The majority of these layoffs will be from its parks, experiences and products department and will include the company’s 28,000 workers previously announced in September.
Prolonged closures at Disney’s California-based theme park and limited presence in its open gardens have forced the company to reduce its operations. In addition, Oct Kto. By the time, about 37,000 employees were not expected to be laid off, they had been laid off.
Oct. By now, Disney employed about 20,000,000 people, including about 0% full-time workers and 20% part-time employees globally. Out of its total employees, about 155,000 employees work as part of parks, experiences and products.
This section includes all of Disney’s local and international theme parks, as well as its resorts, cruise lines and merchants.
Earlier this month, Disney said the Covid-19 outbreak lost .4 4.4 billion in operating revenue in its fiscal fourth quarter to its parks, experiences and products segment. Revenue in the segment fell 61% to 6 2.6 billion.
In the second quarter of the financial year, the company reported a loss of billion 1 billion in operating income due to the epidemic, and in the third quarter of the fiscal year, the epidemic reduced its operating operating revenue by $ 3 billion.
All theme parks in California have remained shutter, as county coronavirus cases are banned from reopening state guidelines until they fall below 1 per 100,000 – a target that will make it difficult for cases to grow nationwide.
As of Wednesday, Orange County, where Disneyland’s two California parks are located, is seeing 20.2 cases per 100,000 people.
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