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News: Universal Orlando Began Lay Offs This Week

Universal Orlando Resort
Credit: Universal

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

About Jamie Sylvester

I'm a Disney nerd! A kid at heart who loves the magic and memories of Walt Disney World. I follow all things Disney and enjoy the vacations, day trips, weekend getaways, and geek out over the planning of such events. My goal is to experience as many Disney desserts and cocktails as possible! Married to another Disney nerd and blessed with a daughter and son, we thoroughly enjoy the magic at Disney and are here to help others experience the magic as well.