Disney to Lay Off 28,000 U.S. Workers

The transcript discusses the impact of the COVID-19 pandemic on Disney, highlighting consumer hesitancy to visit crowded places like theme parks. It covers Disney's efforts to manage attendance with technology and the challenges faced in reopening Disneyland in California. The role of Disney Plus in mitigating financial losses is also examined, noting its success in gaining subscribers despite the lack of theatrical releases.

What is the current status of Disneyland in California compared to other Disney parks?

How has Disney's streaming service performed in relation to its park business during the pandemic?