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Walt Disney Plans Further Layoffs as Covid-19 Weighs on Business

by Bioreports
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By
Clarence Leong and

P.R. Venkat

Walt Disney Co. is planning to layoff 32,000 employees, primarily at its theme parks, as the coronavirus continues to hit the entertainment company’s businesses hard.

Disney announced 28,000 job cuts in September and it expects to terminate its employees’ contracts in the first half of fiscal 2021.

The company warned that it could take additional…

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