Happiest place on Earth? Disney axes 32,000 jobs as Covid-19 pandemic leaves theme parks empty

Disney Company said

The Walt Disney Company said it is laying off more than 30,000 employees, mostly at its theme parks, as the coronavirus lockdown renders the very existence of resorts and parks absolutely pointless.

According to the company’s filing to the US Securities and Exchange Commission, the layoff of 32,000 workers, which is 4,000 more than Disney had earlier announced, will happen in the first half of its fiscal year which began in October.

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