ORLANDO, Fla. – After recent furloughs at Walt Disney World Co., reports from Financial Times estimated that the entertainment giant is saving $500 million a month across all of its theme parks.
Disney World had been paying its theme park workforce — 77,000 employees — since it closed park doors in mid-March because of the coronavirus pandemic.
The company began furloughs on April 19. However, the company continues to lose money even with furloughs but just how much? [MORE DISNEY WORLD NEWS] Some estimate the loss to be between $20 and $30 million a day, however, the extent of the financial loss won’t really be known until Disney releases specific numbers.
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