Local Employment Decline and Layoffs Impact Disney Park Attendance in Los Angeles
What happened
Disney Live Entertainment announced the layoff of 159 cast members at Walt Disney Imagineering headquarters in Glendale, including staff from Imagineering and Disney Live Entertainment. Separately, the annual TEA theme park attendance report noted that Universal Studios Hollywood saw an 8% decline, which was attributed in part to a decline in local entertainment industry employment in Los Angeles.
From themeparkinsider.com
Why it matters
The decline in local entertainment employment in Los Angeles is cited as a factor contributing to lower attendance at theme parks. The layoffs at Walt Disney Imagineering headquarters in Glendale affect the workforce and operational capacity of the company.
From themeparkinsider.com
Who's involved
- Disney Live EntertainmentThe theatrical and technical live entertainment production division experiencing attendance declines and layoffs.
- Los AngelesThe location where local employment trends are negatively affecting park attendance.
- Walt Disney ImagineeringThe company whose headquarters in Glendale saw the recent layoffs.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- HollywoodSpeculative
Hollywood might see reduced revenue in the entertainment and tourism sector due to lower park attendance.
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The entities involved
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Disney Live Entertainment
theatrical and technical live entertainment production division of the Walt Disney Company
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Los Angeles
seat of Los Angeles County, and largest city in California, United States