While we typically focus on all things Disney, one of Walt Disney World’s popular neighbors, Universal Orlando, is showing signs of the struggling tourism industry. We’ve learned that Universal Orlando has begun laying off an unspecified amount of workers on Tuesday, just two weeks after their reopening.
According to the OrlandoSentinel.com:
“We have made the difficult decision to reduce our parks and resorts workforce across multiple locations and business units,” Universal spokesman Tom Schroder said Tuesday night.
He did not give the number of people laid off. Severance pay, subsidized health benefits and professional reemployment assistance are being offered to the affected workers, he said.
“We are working to structure and strengthen our business for the future in anticipation of the tourism industry taking time to fully recover. In that regard, we have already taken important steps such as adjusting budgets and implementing salary reductions and furloughs,” Schroder said.
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“This decision was not made lightly, but was necessary to prepare us for the future,” he said.
In May, Comcast (Universal Orlando’s parent company) Chief Financial Officer Mike Cavanagh emphasized that the company is delaying Epic Universe, Universal’s third theme park.
Source: OrlandoSentinel.com