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Disney ends $867m Florida plan

The company's decision was the result of "considerable changes" that have taken place since it was first announced.

Florida is going to lose 2,000 jobs as Walt Disney Co is scrapping plans to relocate their staff because of "changing business conditions" in the state. Currently, the company employed more than 75,000 people in Florida, attracts millions of visitors each year to Disney World, and had plans to invest $17 billion to expand the resort over the next decade.

(Picture: Walt Disney World Resort Reopening. Picture Credit: Getty Images)

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Thu 18 May 202322:32GMT
BBC World Service except Europe and the Middle East

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  • Thu 18 May 202321:32GMT
    BBC World Service Europe and the Middle East & BBC Afghan Radio
  • Thu 18 May 202322:32GMT
    BBC World Service except Europe and the Middle East