The entertainment firm reveals 4,000 more people are to be made redundant as the virus crisis wreaks havoc on theme parks.
Disney has ramped up its plans for tens of thousands of job losses as the coronavirus crisis continues to hurt customer numbers at its main US theme parks.
As the United States enjoyed – an albeit COVID-curtailed – Thanksgiving holiday, a regulatory filing showed the entertainment company was to cut 32,000 staff by the middle of next year.
The disclosure followed news of 28,000 job cuts in September though a spokesman confirmed the higher number was a new total – an increase of 4,000 redundancies on the earlier announcement.
Investors were unable to react to the news as Wall Street was closed for the day.
Leisure businesses have been among the worst affected by pandemic disruption globally – with Disney employing 32,000 and 77,000 people at its parks in California and Florida respectively before the virus struck.
While it has been able to re-open its larger Florida operation, rides and attractions in California have been shut since March…
Main image: Disneyland California. Photo by Yulissa Tagle on Unsplash