Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  The Walt Disney Company    DIS

THE WALT DISNEY COMPANY

(DIS)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Disney increases planned layoffs to 32,000 as virus hits park attendance (Nov. 26)

11/27/2020 | 05:22am EST
FILE PHOTO: A general view of the entrance of Disneyland theme park in Anaheim

(Reuters) - Walt Disney Co said on Wednesday it would lay off about 32,000 workers, primarily at its theme parks, an increase from the 28,000 it announced in September, as the company struggles with limited customers due to the coronavirus pandemic.

The layoffs will be in the first half of fiscal 2021, the company said in a filing with the Securities and Exchange Commission.

A spokesman for Disney confirmed that the latest figures include the 28,000 layoffs announced earlier.

Earlier this month, Disney said it was furloughing additional workers from its theme park in Southern California due to uncertainty over when the state would allow parks to reopen.

Disney's theme parks in Florida and those outside the United States reopened earlier this year without seeing new major coronavirus outbreaks but with strict social distancing, testing and mask use.

Disneyland Paris was forced to close again late last month when France imposed a new lockdown to fight a second wave of the coronavirus cases.

The company's theme parks in Shanghai, Hong Kong and Tokyo remain open.

(Corrects paragraph 2 to add dropped word 'fiscal'; an earlier version of the story was corrected to remove reference to the coronavirus spreading in Disney's theme parks in the headline)

(Reporting by Radhika Anilkumar in Bengaluru; Editing by Vinay Dwivedi)


© Reuters 2020
All news about THE WALT DISNEY COMPANY
04:52pChina Overtakes U.S. as World's Leading Destination for Foreign Direct Invest..
DJ
01:23pChina Overtakes U.S. as World's Leading Destination for Foreign Direct Invest..
DJ
01:14pChina Overtakes U.S. as World's Leading Destination for Foreign Direct Invest..
DJ
01/22Equities End Mixed on Concerns of Rising COVID-19 Cases, Reports of Deadlier ..
MT
01/22Walt Disney Likely to See Continued Strength in Direct-to-Consumer Business, ..
MT
01/22Comcast's NBCUniversal to Shut Down Sports Cable Channel NBCSN by Year-End --..
DJ
01/22Comcast's NBCUniversal to Shut Down Sports Cable Channel NBCSN by Year-End --..
DJ
01/22WALT DISNEY : Disney Announces Digital Summit Inspired by Minnie Mouse in Celebr..
BU
01/22WALT DISNEY : Thinking about trading options or stock in Walt Disney, Apple, Adv..
PR
01/22WALT DISNEY : UBS Upgrades Walt Disney to Buy From Neutral, Adjusts Price Target..
MT
More news
Financials (USD)
Sales 2021 69 640 M - -
Net income 2021 2 297 M - -
Net Debt 2021 41 423 M - -
P/E ratio 2021 121x
Yield 2021 0,69%
Capitalization 313 B 313 B -
EV / Sales 2021 5,10x
EV / Sales 2022 4,16x
Nbr of Employees 203 000
Free-Float 98,8%
Chart THE WALT DISNEY COMPANY
Duration : Period :
The Walt Disney Company Technical Analysis Chart | DIS | US2546871060 | MarketScreener
Technical analysis trends THE WALT DISNEY COMPANY
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 183,56 $
Last Close Price 172,78 $
Spread / Highest target 21,5%
Spread / Average Target 6,24%
Spread / Lowest Target -33,4%
EPS Revisions
Managers and Directors
NameTitle
Robert A. Chapek Chief Executive Officer & Director
Robert A. Iger Executive Chairman
Rebecca Campbell Chairman-International Operations
Christine M. McCarthy Chief Financial Officer & Senior Executive VP
Diane Jurgens Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
THE WALT DISNEY COMPANY-4.64%313 469
COMCAST CORPORATION-7.10%222 727
VIACOMCBS INC.22.33%28 156
THE LIBERTY SIRIUSXM GROUP-7.19%13 785
FORMULA ONE GROUP-4.62%9 322
RTL GROUP S.A.4.88%7 788