Disney is set to lay off 28,000 employees across its US theme parks, experiences and consumer products division, which also includes Disney Cruise Line.
The entertainment giant on Tuesday (29 September) said limited theme park attendance and ongoing closures owing to Covid-19 had necessitated the move.
Around two-thirds of affected roles are part-time. Disney hasn’t yet broken down where the axe will fall.
Last year, Disney’s parks, experiences and consumer products segment accounted for more than a third of the company’s total annual revenue.