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Disney to lay off 4,000 more employees than it initially reported

By Washington Examiner
Published November 30, 2020 11:00pm ET
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Disney to lay off 4,000 more employees than it initially reported
The Walt Disney Co. is planning to layoff about 4,000 more employees than it initially reported to the federal government because of the ongoing COVID-19 pandemic. In total, the company expects to layoff 32,000 employees in the upcoming months, according to its U.S. Securities and Exchange Commission (SEC) report filed Wednesday. The entertainment company, which […]

The Walt Disney Co. is planning to layoff about 4,000 more employees than it initially reported to the federal government because of the ongoing COVID-19 pandemic.

In total, the company expects to layoff 32,000 employees in the upcoming months, according to its U.S. Securities and Exchange Commission (SEC) report filed Wednesday. The entertainment company, which employs 203,000 people worldwide, includes media networks, studio entertainment, parks, other experiences.

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