32,000 THEME JOBS GONE

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.

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