Disney leads companies announcing layoffs; big airline job cuts loom

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Companies are cutting jobs as the coronavirus pandemic stretches on.

across its parks, experiences and consumer products divisions amid prolonged closures at its California-based theme parks as well as limited attendance. According to a statement, 67% of the laid off workers were part-time.said Wednesday that it plans to reduce its global workforce costs by approximately 6%, but did not indicate the number of jobs that will be eliminated.

The energy sector has been among the hardest hit by the pandemic as a near standstill in global travel, as well as implementation of work from home policies led to a drop-off in demand for crude products. With oil prices staying lower for longer, a number of companies have already gone bankrupt. The ones left standing have been implementing widespread cost-cutting measures.

 

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Haha no bailouts ?

Because of the inability of moron trump to deal with a national emergency.

Because of the lockdown

Tired of the mind controlling mouse.

If we had quarantined in January this would not have happened. Those infected would have been hospitalized or unfortunately deceased.

More winning from the orange Trump

Disney employees were kidding.

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 /  🏆 12. in SE

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