Disney to lay off 28000 employees
Disney's theme parks have been one of it's most lucrative businesses, providing huge profits. This has changed since the world started facing a global crisis. The company reported a quarterly loss of $5 billion. This is the first time since 2001 that they have seen a quarterly loss. This has pushed them to layoff 28000 employees, which is about 1/3rd of their total Disney Park workers. Read more on this here.
Category
Employment Contracts
Employee Data Privacy
Work Visas
Contemporary Issues
Disability Benefits
Workplace Culture
Health Care Benefits
Policies & Practices
Employee Relations
Severance Pay
Risk Management
HR Software
Background Checks
Overtime Pay
Emergency Response
Health Savings Accounts
Workplace Security
Technology
Retirement Benefits
Ethical Practice
Leadership &
Age
Benefits
Recruiting
Downsizing
Overtime Eligibility &
Religious Accomodations
Termination
Change Management
Workplace Stories
Compensation & Benefits
Dependent Benefits
Salary Surveys
Unemployment Benefits
Remote & Hybrid Work
Drug & Alcohol Testing
Retention
Opening
Promotion
Career Development
Open Enrollment
Mentoring & Coaching
Contracts & RFPs
Networking
Social Media
Job Descriptions
Hiring
Inclusion, Equity & Diversity
Performance Management
Global Mindset
Tags
Article
Gig Economy and Its Impact on Staffing Firms
With over 20.5 million US workers losing their jobs in April 2020 during the national lockdown, man ...
Nursing Job Openings
It’s no secret that the healthcare sector has been reigning in all its powers over the years, parti ...
What Are the Costs to Consider While Planning A Recruitment Budget?
If your organization is on a hiring spree too, one of the key things to consider is the recruitment ...
Don’t Fall Prey to These Job Scams
When people are looking frantically for employment, scammers get a chance to exploit their weakness ...
Comments