Disney Parks to Layoff 28,000 Employees; Cites California's 'Unwillingness' to Reopen Disneyland

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Disney Parks to Layoff 28,000 Employees; Cites California's 'Unwillingness' to Reopen Disneyland
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Disney Parks to lay off 28,000 employees, cites California's 'unwillingness' to reopen Disneyland:

The Walt Disney Co. on Tuesday announced that 28,000 employees from the Parks, Experiences and Products segment"at all levels" will be laid off. What's more, the company placed the blame for the decision on California not allowing Disneyland to reopen at this time.

Approximately 28,000"domestic employees" will be affected by the decision, according to the company. About 67 percent of that figure are part-time workers.

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