Disney Plans 28,000 Layoffs In U.S. Parks Biz Hard Hit By COVID

Walt Disney’s parks chief Josh D’Amaro said Tuesday the company will be laying off staff at its theme parks, the segment of the company hardest hit by the pandemic. In statement and memo to employees, D’Amaro said the decision is painful. He said approximately 28,000 domestic employees will be affected, of which about 67% are […]