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And now its Disney's turn. 2,000 jobs by by.
Sarah Whitten
@SARAHWHIT10
WATCH LIVE
KEY POINTS
Cinderella Castle in Walt Disney World.
Roberto Machado Noa | Lightrocket | Getty Images
Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state's governor.
Citing "changing business conditions" and the return of CEO Bob Iger, Josh D'Amaro, chairman of Disney's parks, experiences and products division, penned a memo to employees Thursday, announcing that the company will not move forward with construction of the campus and will no longer be asking more than 2,000 California-based employees to relocate to Florida.
Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud
Disney and Florida Gov. Ron DeSantis are entangled in a bitter feud centered in part around the company's special district and development plans.
www.cnbc.com
Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud
PUBLISHED THU, MAY 18 2023 2:15 PM EDTUPDATED 7 MIN AGOSarah Whitten
@SARAHWHIT10
WATCH LIVE
KEY POINTS
- Disney will no longer be moving forward with the construction of its Lake Nona, Florida, employee campus.
- The company will also no longer be requiring California-based employees to relocate.
- The announcement comes amid a bitter feud between the company and Florida Gov. Ron DeSantis centered in part around the company's special district and development plans.
Cinderella Castle in Walt Disney World.
Roberto Machado Noa | Lightrocket | Getty Images
Disney has abandoned plans to open up a new employee campus in Lake Nona, Florida, amid rising tensions with the state's governor.
Citing "changing business conditions" and the return of CEO Bob Iger, Josh D'Amaro, chairman of Disney's parks, experiences and products division, penned a memo to employees Thursday, announcing that the company will not move forward with construction of the campus and will no longer be asking more than 2,000 California-based employees to relocate to Florida.