Disney Furloughs 100,000 Workers, Top Execs Get To Keep Their Jobs: Reports FT [Forbes]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
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thewaltdisneycompany.com/investor-relations
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Source: Forbes
(Photo by Roberto Machado Noa/LightRocket via Getty Images)The Walt Disney Company is a nearly 100-year-old giant global conglomerate, including holdings in theme parks, hotels, film studios, television stations (such as ESPN) and numerous other properties. This week, it’s been reported that Disney willfurlough roughly 100,000 employees, representing about 50% of the company’s employees.The beloved brand and household name is confronting serious threats to its business due to the COVID-19 outbreak.Disney’s core businesses depend on travel, vacations and entertainment. Due to business closures and stay-at-home orders, people are unable to attend Disney amusement parks, stay at the hotels, screen Disney movies in theater or watch their favorite sports teams play on the ESPN channel.With an anticipated sharp decline in revenue, the company will save around $500 million dollars a month by jettisoning a massive amount of workers, according to a JPMorgan analyst. Many of them work at the co
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DIS
News
- HALPER SADEH LLC ENCOURAGES THE WALT DISNEY COMPANY SHAREHOLDERS TO CONTACT THE FIRM TO DISCUSS THEIR RIGHTSPR Newswire
- What Film Festivals Can Teach Leaders About The Importance Of Storytelling [Forbes]Forbes
- The Walt Disney Company (DIS): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Hilary Farnum-Fasth Completes Full-Circle Career Moment With Closing in Golden Oak at Walt Disney World Resort [Yahoo! Finance Canada]Yahoo! Finance Canada
- World's top 100 cities revealed — Los Angeles and Orlando climb the rankings [CNN]CNN
DIS
Earnings
- 11/13/25 - Beat
DIS
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- DIS's page on the SEC website