Walt Disney World scaled back working hours at its theme parks after the company recently reported a significant drop in park revenue amid the new coronavirus pandemic.
According to The Washington Post, the company initially worked with reduced hours at its resort in Florida – which houses Disney’s Hollywood Studios, Animal Kingdom, Magic Kingdom Park and Epcot – when it reopened earlier this year amid the pandemic.
However, the company will be reporting between one to two hours of each of the parks ’daily schedules starting this coming Labor Day. The new schedule is expected to last until the end of October, The Hollywood Reporter also reported.
The news comes several days after the company published its revenue report for its third fiscal quarter, which ended in late June.
The company, which temporarily closed its theme parks earlier this year to help curb the spread of the disease, said in the report that revenue from its park segment fell by 85 percent for the quarter.
The company said in the report that segment was most affected by the new coronavirus pandemic and estimated “the total net negative impact of COVID-19 on segment revenue in the quarter was about $ 3.5 billion.”
According to the Post, the earnings report also comes after the corporation at the parking lots saw less than expected attendance at its parks.
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