Disney is laying off 32,000 employees

Walt Dis­ney Co. is lay­ing off 32,000 employ­ees, about 4,000 more than pre­vi­ous­ly announced, as the coro­n­avirus pan­dem­ic con­tin­ues to ham­mer its parks and resorts business.

The com­pa­ny said in a US Secu­ri­ties and Exchange Com­mis­sion fil­ing on Wednes­day that the job cuts will hap­pen in the first half of its fis­cal year, which began in October.

The pan­dem­ic has slammed Dis­ney’s parks busi­ness, and forced it to sus­pend cruise ship sail­ings and delay major film releases.


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