Disney has announced that it will be laying off 26,000+ employees due to the shutdown and effects of the Covid-19 pandemic. Of the 26,000 layoffs, 66% will be part-time employees. Disney Parks and Experiences currently employs more than 100,000 US employees and is currently reeling from a 91% profit loss during the first three months of 2020. Most employees had been furloughed by the company up until now.
Josh D’Amaro, who is the Chairman of Disney Parks, states that the staffing cuts were necessary due to the “prolonged impact” of the CoronaVirus. He also says “As difficult as this decision is today, we believe that the steps we are taking will enable us to emerge a more effective and efficient operation when we return to normal.” D’Amaro also commented about Disney Employees “They have always been key to our success, playing a valued and important role in delivering a world-class experience. We look forward to providing opportunities whee we can for them to return.”
D’Amaro has placed partial blame on the state of California for not loosening restrictions and allowing Disneyland and California Adventure to reopen such has Disney World in Florida.