Walt Disney Co. plans to lay off a total of 32,000 employees by March, the company said, a further reduction in its workforce that comes as the pandemic hits the entertainment company’s theme-park businesses especially hard.

The number of layoffs is about 4,000 more employees than the previously reported 28,000 job cuts announced in September. Most of the job losses will come in the company’s theme-park ranks, where thousands of workers have already been furloughed or laid off.

The…

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Great Plains Drought Hits Hay Crops

Share Listen (1 min) This post first appeared on wsj.com

Mexico asks China for help on fentanyl and slams U.S. critics

Mexico’s president said on Tuesday he had written to his Chinese counterpart…

Texas governor signs fetal heartbeat abortion ban

AUSTIN, Texas — Texas became the largest state Wednesday with a law…

A Mall Owner’s About-Face: Bet on America’s High-End Malls

By Kate King Updated Sept. 12, 2023 12:16 am ET Listen to…