50 Disney theme parks execs take buyouts

Walt Disney Co. announced that about 50 executives in the company’s theme park division accepted buyouts as part of a workforce reduction plan announced in January.

The company, which is coping with decreased travel this year, offered buyouts to about 600 executives, half of them working at Walt Disney World.

The company said the effort to reduce its work force is continuing. It didn’t say how many of the 50 parks and resorts division executives who accepted buyouts worked at Walt Disney World.

SOURCE

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