The Walt Disney Company is joining a rising number of companies in moving part of their activities out of California to areas with a “business-friendly atmosphere,” in this case Florida, where its second theme park is located. Florida is a lower-tax state that has not only weathered the coronavirus outbreak without adopting harsh lockdown procedures for companies.
According to Fox Business News:
Disney will move about 2,000 jobs from its California headquarters to a new campus in Florida, according to Josh D’Amaro, chairman of Disney Parks, Experiences and Products.
Most of the jobs being moved are professional roles in Disney’s Parks, Experiences and Products division, other than those tied to Disneyland in California, D’Amaro told employees in a letter provided to FOX Business Thursday.
The jobs will go to a new campus to be built in Lake Nona, a planned community in Orlando. The move will happen over the next 18 months. D’Amaro said the company decided to make the move in part because of “Florida’s business-friendly climate.”
Disney already has more than 60,000 employees in central Florida. California’s virus lockdowns shuttered Disneyland there for months while Disney World in Florida was only shut down for four months and opened to limited capacity a year ago.