Business
Walt Disney sheds 28,000 jobs at theme parks as pandemic bites – The Guardian
Company blames limited attendance at reopened parks after posting $4.72bn loss in second quarter

Walt Disney announced it was laying off 28,000 employees from its theme park business on Tuesday, the latest company to announce huge jobs cuts in the wake of the coronavirus pandemic.
The entertainment company blamed limited attendance at the theme parks it has reopened and the continuing closure of others for the difficult decision.
As you can imagine, a decision of this magnitude is not easy, Josh DAmaro, head of parks at Disney, wrote in the letter obtained by CNBC.
For the last several m…
-
Noosa News22 hours ago
Moreton Bay oyster farm survives cyclone with help of wave wall innovation
-
Noosa News24 hours ago
Helicopter pilots saving lives, providing food and fodder in flooded outback Queensland
-
General23 hours ago
Internal Revenue Service starts cutting 20,000 workers
-
Noosa News23 hours ago
Man killed, woman seriously injured in collision in Wongabel, Atherton Tablelands, Queensland