Disney is laying off 28,000 employees, the entertainment giant confirmed Tuesday, as the Covid-19 pandemic continues to hammer its theme park operations, including the continued closing of its California parks and reduced capacity at its open parks in Florida and around the world.
The cuts, which will affect workers in the parks, experiences and consumer products segment, were detailed in a letter to employees Tuesday. About 67 percent of the affected workers were part-time employees, but it's unclear what the breakdown for each department was. CNBC was the first to report news of the cuts.