NEWS: Disney Increases Projected Layoff Number to 32,000 Cast Members

Although Disney has continued to move forward with new additions to its theme parks like Remy’s Ratatouille Adventure in EPCOT and the reimagined entrance to Disney World, the company has drastically cut back on other aspects of its businesses as a result of the pandemic and subsequent financial losses.

France Pavilion

We’ve recently seen performers in the parks undergo layoffs as a part of the 28,000 layoffs that were slated to occur domestically. While Disney has stated that they plan to bring some discontinued experiences and employees back, the company has issued additional details about its layoff situation.

According to Variety Magazine, the Walt Disney Company updated its previous statement of 28,000 employee layoffs to a new projected figure of 32,000 employee layoffs.

Citizens of Hollywood

During the Walt Disney Company’s 10-K filing, the newest numbers would include mostly Cast Members working in the parks, experiences, and products segments of the company. More layoffs will occur during the first half of Disney’s fiscal 2021 year. In addition to the layoffs, 37,000 employees are furloughed as of October 3rd.

Cast Members

Although Disney has increased its park capacity to 35%, the company has shared a revenue drop of 23%. The recent Q4 meeting also detailed that the company had a “net adverse impact of COVID-19 on our current quarter and full year segment operating income across all of our businesses was approximately $3.1 billion and $7.4 billion, respectively” due to the recent health crisis.

Cast Members Welcoming Everyone Back!

Moving forward, Disney has stated that “We may take additional mitigation actions in the future such as raising additional financing; not declaring future dividends; reducing, or not making, certain payments, such as some contributions to our pension and postretirement medical plans; further suspending capital spending; reducing film and television content investments; or implementing additional furloughs or reductions in force.”

Parade Performers in Rainy Day Gear

While we’re not sure exactly which employees in the parks, experiences, and products segments will be experiencing these new changes, we’ll keep you updated with all the information we know.

Take a look at the fireworks we spotted in the Magic Kingdom last night!

Do you know any Disney Cast Members? Let us know in the comments below!

Rachel Franko has been going to Disney Parks since she was a baby, and her love of Disney has only grown into a SLIGHT obsession since! She's been writing for AllEars since 2019 and loves sharing the magic with all the readers. When she's not writing, you can catch her heading to Disney and Universal Studios with a heart full of dreams and a backpack full of themed ears!

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