Disney to lay off 32,000 workers in 2021

LOS ANGELES (AFP) – Disney said yesterday it will cut 32,000 jobs in 2021, primarily from its United State (US) theme parks division, an increase from layoffs announced in September.

The company, which previously said it would cut 28,000 jobs, has struggled with the pandemic and social restrictions.

According to a filing with the Securities and Exchange Commission, the cuts – which Variety reported are part of September’s announcement – would be made in the first half of next year.

“Due to the current climate, including COVID-19 impacts, and changing environment in which we are operating, the Company has generated efficiencies in its staffing, including limiting hiring to critical business roles, furloughs and reductions-in-force,” Disney said in a filing explaining the job losses.

The majority of the terminations would be in “Parks, Experiences and Products” it added.
Additionally, around 37,000 employees were placed on furlough from October 3, Variety reported.

Disney employs around 203,000 people globally, with around 20 per cent part-time workers, according to CNBC.