Monthly Archives: September 2020
Update: Disney to Lay Off 32,000 Employees in Early 2021
UPDATE: Disney has disclosed revised plans to lay off 32,000 employees in the first half of 2021.
Variety reports that the Walt Disney Company shared the updated figure in a 10-K filing published on Wednesday, with the majority of the layoffs expected to be coming within the parks, experiences, and products divisions in the first half of fiscal 2021. A Disney spokesperson confirmed that the latest figure includes the 28,000 layoffs that the company previously announced in September (detailed in our original story below).
"Due to the current climate, including COVID-19 impacts, and changing environment in which we are operating, the Company has generated efficiencies in its staffing, including limiting hiring to critical business roles, furloughs and reductions-in-force," the SEC filing notes. "As part of these actions, the employment of approximately 32,000 employees primarily at Parks, Experiences and Products will terminate in the first half of fiscal 2021."
Disney also added that additional measures may be taken in the future, citing various actions that could be taken, including raising additional financing, suspending the company's capital spending, reducing its film and television content investments, and implementing additional furloughs or reductions in the workforce. The document notes that, as of October 3, approximately 37,000 employees who are not scheduled for employment termination were put on furlough.
[poilib element="accentDivider"] ORIGINAL STORY: Disney announced Tuesday that it has begun the process of layoffs for “approximately 28,000 domestic employees” across its Parks, Experiences, and Products divisions, due to the impact of COVID-19 restrictions.Citing the continued capacity restrictions and uncertain nature of the COVID-19 pandemic, Disney Parks, Experiences and Products chairman Josh D’Amaro shared details regarding how the efforts to reduce Disney’s workforce would impact executive, salaried, and hourly roles. A press release from Disney stated that about 67% of the 28,000 employees laid off will be hourly roles.
“Few of us could have imagined how significantly the pandemic would impact us -- both at work and in our daily lives,” D’Amaro stated. “We initially hoped that this situation would be short-lived and that we would recover quickly and return to normal. Seven months later, we find that has not been the case.”
D’Amaro added that the financial impact felt by Disney has been exacerbated by the state of California’s restrictions on theme park openings during COVID-19. California Governor Gavin Newsom has faced criticism from reopening advocates in recent weeks. Disneyland in Anaheim is the only one of Disney's theme parks that remains closed.
According to Forbes, 19 state legislators called on Newsom to give the theme park industry guidance on reopening measures in the interest of staving off greater business losses. Local officials in Anaheim and other nearby cities are similarly calling for a park reopening, saying the local economy has lost out on $1.3 billion. Newsom said in mid-September that theme park reopening guidelines would be coming “very, very shortly,” but has yet to produce them.
[ignvideo url="https://www.ign.com/videos/2020/09/15/the-mandalorian-season-2-trailer"]Florida’s Walt Disney World reopened in July as COVID-19 cases sharply rose. Florida ranks third in the nation in COVID-19 cases, following California and Texas, according to the Sun Sentinel. Florida recently surpassed 700,000 cases, according to the Tampa Bay Times. Despite the high number of cases, Florida has entered a “phase 3” of reopening, with Governor Ron DeSantis issuing an order that effectively reopened all restaurants and bars across Florida as well as halting fines for not wearing masks.
D’Amaro added in his statement that Disney is talking to impacted employees as well as to union leaders regarding next steps. Disney has previously tried to soften the impact of COVID-19 by cutting costs, suspending capital projects, and furloughing cast members while continuing to pay health benefits over the last several months.
Disney’s statement did not clarify if those laid off would include Florida-based employees. Disneyland employees approximately 35,000 people, with several thousand more relying on adjacent business.
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IGN previously reported that Disney parks have lost a total of $1 billion due to closures. Disney’s slate of 2020 films and series have also similarly been delayed. [poilib element="accentDivider"] Joseph Knoop is a writer/producer for IGN.Update: Disney to Lay Off 32,000 Employees in Early 2021
UPDATE: Disney has disclosed revised plans to lay off 32,000 employees in the first half of 2021.
Variety reports that the Walt Disney Company shared the updated figure in a 10-K filing published on Wednesday, with the majority of the layoffs expected to be coming within the parks, experiences, and products divisions in the first half of fiscal 2021. A Disney spokesperson confirmed that the latest figure includes the 28,000 layoffs that the company previously announced in September (detailed in our original story below).
"Due to the current climate, including COVID-19 impacts, and changing environment in which we are operating, the Company has generated efficiencies in its staffing, including limiting hiring to critical business roles, furloughs and reductions-in-force," the SEC filing notes. "As part of these actions, the employment of approximately 32,000 employees primarily at Parks, Experiences and Products will terminate in the first half of fiscal 2021."
Disney also added that additional measures may be taken in the future, citing various actions that could be taken, including raising additional financing, suspending the company's capital spending, reducing its film and television content investments, and implementing additional furloughs or reductions in the workforce. The document notes that, as of October 3, approximately 37,000 employees who are not scheduled for employment termination were put on furlough.
[poilib element="accentDivider"] ORIGINAL STORY: Disney announced Tuesday that it has begun the process of layoffs for “approximately 28,000 domestic employees” across its Parks, Experiences, and Products divisions, due to the impact of COVID-19 restrictions.Citing the continued capacity restrictions and uncertain nature of the COVID-19 pandemic, Disney Parks, Experiences and Products chairman Josh D’Amaro shared details regarding how the efforts to reduce Disney’s workforce would impact executive, salaried, and hourly roles. A press release from Disney stated that about 67% of the 28,000 employees laid off will be hourly roles.
“Few of us could have imagined how significantly the pandemic would impact us -- both at work and in our daily lives,” D’Amaro stated. “We initially hoped that this situation would be short-lived and that we would recover quickly and return to normal. Seven months later, we find that has not been the case.”
D’Amaro added that the financial impact felt by Disney has been exacerbated by the state of California’s restrictions on theme park openings during COVID-19. California Governor Gavin Newsom has faced criticism from reopening advocates in recent weeks. Disneyland in Anaheim is the only one of Disney's theme parks that remains closed.
According to Forbes, 19 state legislators called on Newsom to give the theme park industry guidance on reopening measures in the interest of staving off greater business losses. Local officials in Anaheim and other nearby cities are similarly calling for a park reopening, saying the local economy has lost out on $1.3 billion. Newsom said in mid-September that theme park reopening guidelines would be coming “very, very shortly,” but has yet to produce them.
[ignvideo url="https://www.ign.com/videos/2020/09/15/the-mandalorian-season-2-trailer"]Florida’s Walt Disney World reopened in July as COVID-19 cases sharply rose. Florida ranks third in the nation in COVID-19 cases, following California and Texas, according to the Sun Sentinel. Florida recently surpassed 700,000 cases, according to the Tampa Bay Times. Despite the high number of cases, Florida has entered a “phase 3” of reopening, with Governor Ron DeSantis issuing an order that effectively reopened all restaurants and bars across Florida as well as halting fines for not wearing masks.
D’Amaro added in his statement that Disney is talking to impacted employees as well as to union leaders regarding next steps. Disney has previously tried to soften the impact of COVID-19 by cutting costs, suspending capital projects, and furloughing cast members while continuing to pay health benefits over the last several months.
Disney’s statement did not clarify if those laid off would include Florida-based employees. Disneyland employees approximately 35,000 people, with several thousand more relying on adjacent business.
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IGN previously reported that Disney parks have lost a total of $1 billion due to closures. Disney’s slate of 2020 films and series have also similarly been delayed. [poilib element="accentDivider"] Joseph Knoop is a writer/producer for IGN.PS5 Launch Games Preorder Details Revealed: Bonuses for Demon’s Souls, Spider-Man, and Sackboy
Sackboy: A Big Adventure Digital Deluxe Edition:
- A digital artbook showcasing the world of Sackboy
- Digital soundtrack
- Four Sackboy costumes from different PlayStation Games: Jin from Ghost of Tsushima, Sam Porter Bridges from Death Stranding, Connor from Detroit Become Hume, and Deacon St. James from Days Gone
- Four Sackboy emotes based on previously mentioned characters.
- 20 Sackboy Avatars
Marvel’s Spider-Man: Miles Morales Standard or Ultimate Edition:
- T.R.A.C.K. Suit DLC skin. Designed by Javier Garron, artist on the Miles: Morales Spider-Man comic series. Includes Untrackable Suit Mod.
- Second Spidey suit: Unannounced mystery DLC suit.
- Gravity Well Gadget: Early unlock for the Gravity Well Gadget that pulls enemies together and knocks them down, disarming them.
- Extra skill points: Bonus points that can go towards new powers and abilities.
Demon's Souls Digital Deluxe Edition
Demon’s Souls is unique in that its Digital Deluxe Edition comes with new armor and weapons that weren’t in the original PlayStation 3 version of the game. Preorder any version of Demon’s Souls and players will receive the new Reaper’s Scythe weapon. Digital preorder for the Deluxe Edition will also include:- Legendary Hero Soul
- Renowned Warrior Soul
- Stories Warrior Soul
- Red-Eye Knight Armor
- Boletarian Royalty Armor
- Ritual Blade
- Hoplite Shield
- Ring of Longevity
- Preservation Grains
- Phosphorescent Grains
- Bearbug Grains
- Large Hardstone Share
- Moonlight Share
- Original Soundtrack
PS5 Launch Games Preorder Details Revealed: Bonuses for Demon’s Souls, Spider-Man, and Sackboy
Sackboy: A Big Adventure Digital Deluxe Edition:
- A digital artbook showcasing the world of Sackboy
- Digital soundtrack
- Four Sackboy costumes from different PlayStation Games: Jin from Ghost of Tsushima, Sam Porter Bridges from Death Stranding, Connor from Detroit Become Hume, and Deacon St. James from Days Gone
- Four Sackboy emotes based on previously mentioned characters.
- 20 Sackboy Avatars
Marvel’s Spider-Man: Miles Morales Standard or Ultimate Edition:
- T.R.A.C.K. Suit DLC skin. Designed by Javier Garron, artist on the Miles: Morales Spider-Man comic series. Includes Untrackable Suit Mod.
- Second Spidey suit: Unannounced mystery DLC suit.
- Gravity Well Gadget: Early unlock for the Gravity Well Gadget that pulls enemies together and knocks them down, disarming them.
- Extra skill points: Bonus points that can go towards new powers and abilities.
Demon's Souls Digital Deluxe Edition
Demon’s Souls is unique in that its Digital Deluxe Edition comes with new armor and weapons that weren’t in the original PlayStation 3 version of the game. Preorder any version of Demon’s Souls and players will receive the new Reaper’s Scythe weapon. Digital preorder for the Deluxe Edition will also include:- Legendary Hero Soul
- Renowned Warrior Soul
- Stories Warrior Soul
- Red-Eye Knight Armor
- Boletarian Royalty Armor
- Ritual Blade
- Hoplite Shield
- Ring of Longevity
- Preservation Grains
- Phosphorescent Grains
- Bearbug Grains
- Large Hardstone Share
- Moonlight Share
- Original Soundtrack
How to Watch the 2020 Presidential Debate Online
What Time Does the First 2020 Presidential Debate Start?
The first presidential debate between candidates Joe Biden and Donald Trump starts at 6 pm PT and 9 pm ET on September 29. The debate will be 90 minutes long and have no commercial breaks.How to Watch the 2020 Presidential Debates
While the presidential debate will air on cable television, there's also the option to watch it on Twitter, Facebook, and YouTube as it will be streamed live by various outlets through their official channels. We recommend tuning in via YouTube since it's the most widely available option. There's the website or the app which you can usually get on your mobile phone, tablet, and Smart TV. People with PS4, Xbox One, Android TV, Apple TV, Chromecast, Roku, and Amazon Fire TV can also watch the debates via the YouTube app. CNN, Bloomberg, and some of the news channels below have their own apps from which they will stream the debates, so you may want to check if that option is available on your preferred platform. Here's where you can stream the debates online:Who Will be Moderating the First Presidential Debate and What Are the Topics?
Fox News anchor Chris Wallace will be moderating the presidential debate on September 29, and the topics the two candidates will be covering include:- The Trump and Biden Records
- The Supreme Court
- Covid-19
- The Economy
- Race and Violence in our Cities
- The Integrity of the Election
What Are the Dates For the Other 2020 Presidential Debates?
There are three presidential debates in 2020. Following the airing of the first one, the other two are scheduled to broadcast live at 6 pm PT and 9 pm ET on the following dates:September 29- October 15
- October 22
How to Watch the 2020 Presidential Debate Online
What Time Does the First 2020 Presidential Debate Start?
The first presidential debate between candidates Joe Biden and Donald Trump starts at 6 pm PT and 9 pm ET on September 29. The debate will be 90 minutes long and have no commercial breaks.How to Watch the 2020 Presidential Debates
While the presidential debate will air on cable television, there's also the option to watch it on Twitter, Facebook, and YouTube as it will be streamed live by various outlets through their official channels. We recommend tuning in via YouTube since it's the most widely available option. There's the website or the app which you can usually get on your mobile phone, tablet, and Smart TV. People with PS4, Xbox One, Android TV, Apple TV, Chromecast, Roku, and Amazon Fire TV can also watch the debates via the YouTube app. CNN, Bloomberg, and some of the news channels below have their own apps from which they will stream the debates, so you may want to check if that option is available on your preferred platform. Here are the channels streaming the debates online:Who Will be Moderating the First Presidential Debate and What Are the Topics?
Fox News anchor Chris Wallace will be moderating the presidential debate on September 29, and the topics the two candidates will be covering include:- The Trump and Biden Records
- The Supreme Court
- Covid-19
- The Economy
- Race and Violence in our Cities
- The Integrity of the Election
What Are the Dates For the Other 2020 Presidential Debates?
There are three presidential debates in 2020. Following the airing of the first one, the other two are scheduled to broadcast live at 6 pm PT and 9 pm ET on the following dates:September 29- October 15
- October 22