Disney announced plans to lay off 28k people in its Parks, Experiences, and Products segment due to the “prolonged impact” of the coronavirus outbreak. The entertainment giant joins a growing list of companies to announce layoffs or major restructuring efforts amid the ongoing outbreak, including major airlines, retailers, hotel chains, and other travel and entertainment-related companies.
The New Paper
This story is from the September 30, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.
