food IS a theme park
As Disney continues to contend with the fiscal consequences of the global health crisis, the mitigation efforts are being felt throughout the company.
Cinderella Castle
A few months ago, Disney announced that 28,000 employees would be laid off as a result of the pandemic. Now, that figure has been updated to reflect an additional 4,000 employees included in the layoffs.
For Disney fans around the globe, there are many important dates throughout the year, from movie release dates to major opening dates at Disney Parks. But for investors and those interested in Disney’s financial performance, the Quarterly Earnings Calls are among the biggest days of the year!
Disney CEO Bob Chapek
Today, Disney discussed their fourth quarter as well as fiscal full year 2020 financial results in a public audio webcast. The company’s fourth quarter and fiscal year ended in late September, meaning that this earnings call gave us an even BIGGER picture at how 2020 has impacted the Company.
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