1. Disney to Lay off 28,000 Workers at Domestic Theme Parks

    Disney to Lay off 28,000 Workers at Domestic Theme Parks

    The COVID-19 pandemic has brought substantial layoffs to Walt Disney Co.'s massive theme park operations and other units. The Burbank-based company said Tuesday that it would lay off 28,000 domestic employees at its parks, experiences and products division, which includes Disneyland Resort and Disney California Adventure Park in Anaheim and Walt Disney World in Orlando, Fla...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      Board Recruitment Publication, BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content

    1. As heartbreaking as it is to take this action, this is the only feasible option we have in light of the prolonged impact of COVID-19 on our business, including limited capacity due to physical distancing requirements and the continued uncertainty regarding the duration of the pandemic.
    2. For the last several months, our management team has worked tirelessly to avoid having to separate anyone from the company.
    3. The union will engage in effects bargaining with the company over issues including job security and healthcare coverage.
    4. This highlights the urgent need for AB 3216, the California state law that guarantees recall and retention for hospitality workers.
  3. Topics Mentioned