By Mark Reynolds • 26 November 2020 • 9:49
In the latest announcements of job cuts around the world the theme giant Walt Disney has announced up to 32,000 jobs will go.
The worrying trend, for all things entertainment to suffer first in the pandemic, continues as Walt Disney has announced 32,000 job losses from its theme parks.
This follows on from a previous announcement that substantial amounts of jobs may have to go due to falling attendances and forced closures due to the pandemic.
The layoffs will take place in the early part of 2021 Disney announced, and this follows losses of nearly 680 million dollars.
Theme parks formed the bulk of that loss—however, its online subscription streaming service made further progress by achieving a 16 per cent increase in revenue.
The end of restrictions can’t come quick enough for the Walt Disney Group, getting people back out and going to their parks is a priority.
Thank you for taking the time to read this news article “32 000 THEME JOBS GONE ”. For more UK daily news, Spanish daily news and Global news stories, visit the Euro Weekly News home page.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Your email address will not be published. Required fields are marked *
Downlaod our media pack in either English or Spanish.