Walt Disney Co is set to lay off 32,000 people, 4,000 more than previously announced, as the coronavirus outbreak (COVID-19) continues to affect its businesses.
This amusement and entertainment company It stated in a document filed with the US Securities and Exchange Commission on Monday (25 Nov) that it would lay off that number in the first half of this fiscal year. That began counting on last October
COVID-19 pandemic worldwide It seriously hurt Disney’s theme park business. And forcing the company to suspend its cruise service. And postpone the screening of many films
Not only that Disney also had to close all 12 theme parks in North America, Asia and Europe between March and May this year, and even though it has since resumed its operations in Shanghai, China. And the US state of Florida But the main theme park in California will remain closed until the end of the year.
Disneyland in Paris was also ordered to close again late last month. During the French enforcing measures to close the country
From the beginning of this year to Sept. 30, Disney’s business plunged to a loss of $ 2.8 billion ($ 84,812 million), while the company posted a profit of $ 10,400 million last year.