Disney announces 4,000 additional layoffs of theme park employees


  • Photo courtesy Walt Disney World/Facebook
Executives at Walt Disney Co. marked the holidays by announcing another round of employee layoffs – 4,000 more – to happen by the first half of fiscal year 2021.

In October, Disney announced 28,000 employee layoffs, mostly in the theme-parks division, in an SEC filing. Disney employees in Central Florida ended up taking the brunt of those cuts: 18,000 of those fired were employees at Walt Disney World Resort.

These numbers are cutting deep locally, with the Orlando Sentinel estimating the 18,000 employees to be almost a quarter of the total workforce in Walt Disney World. And that was, obviously, before last week's revised estimate of 32,000 layoffs.

As of this writing it has not been confirmed how many of the 4,000 workers impacted will be from Central Florida – indeed, a spokesman dodged that direct question – but it's bad news no matter what.

Worth noting is that despite falling revenues from theme parks (we're in the middle of a pandemic, after all), Disney overall still exceeded revenue expectations in a 4th-quarter earnings report in mid-November, reporting $14.71 billion vs. an expected $14.20 billion, per CNBC. And yet the layoffs continue.

Please follow CDC guidelines and Orange County advisories to stay safe, and please support this free publication. Our small but mighty team is working tirelessly to bring you news on how coronavirus is affecting Central Florida. Please consider making a one-time or monthly donation. Every little bit helps.

We welcome readers to submit letters regarding articles and content in Orlando Weekly. Letters should be a minimum of 150 words, refer to content that has appeared on Orlando Weekly, and must include the writer's full name, address, and phone number for verification purposes. No attachments will be considered. Writers of letters selected for publication will be notified via email. Letters may be edited and shortened for space.

Email us at feedback@orlandoweekly.com.

Support Local Journalism.
Join the Orlando Weekly Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the Orlando Weekly Press Club for as little as $5 a month.