Parks Chairman Josh D’Amaro cited ‘changing business decisions’ when Disney canceled all of Lake Nona.

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Disney plans to house more than 2,000 employees, including Imagineering, and build a massive campus in Lake Nona, Florida. Now Parks, Experiences and Products Chairman Josh D’Amaro has announced that the entire project has been canceled.

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Disney simply cited “changing business circumstances” as the reason for the cancellation.

According to CNBC, Josh D’Amaro — chairman of Disney’s Parks, Experiences and Products division — has issued a memo to employees saying the company will not move forward with construction of the campus and will not lay off more than 2,000 workers. California-based employees to relocate to Florida. The project is estimated to cost more than $1 billion and bring new jobs to Florida.

D’Amaro reiterated in the memo that Disney still plans to invest $17 billion in Florida over the next 10 years. This includes 13,000 new jobs. Disney currently employs more than 75,000 workers in Florida alone.

The announcement comes amid a legal battle between DeCay and Florida’s governor.

In the memo, D’Amaro said, “Due to the significant changes that have occurred since the announcement of this project, new leadership and changing business conditions, we have decided not to proceed with construction of the campus.”

He continued, “It was not an easy decision to make, but I believe it was the right one. For this reason, we do not ask our employees to relocate. For those who have already moved, we will talk to you individually about your situation, including the possibility of moving back.

The memo is posted in its entirety below.

group,

I just wanted to let you know that we have started communicating about the modern Lake Nona campus.

As many of you know, the company has decided to build a new Disney campus in Lake Nona and many cast members, Imagineers and staff have been asked to commit to relocating to Florida. While some are excited about the new campus, I know that this decision and the circumstances surrounding it have been difficult for others.

Due to the significant changes that have been taking place since the announcement of this project, new leadership and changing business conditions, we have decided not to proceed with the construction of the campus. His decision was not easy, but I believe it was the right one. For this reason, we do not ask our employees to relocate. For those who have already moved, we will contact you individually about your situation, including the possibility of moving back.

It’s clear to me that the strength of this brand comes from the people we trust, and we’re committed to handling this change with care and compassion. I am optimistic about the direction of Walt Disney World’s business. We plan to invest $17 billion over the next ten years and create 13,000 jobs. I hope we can.

We are committed to all of our teams and cast members around the world who call Central Florida home, and I want to thank you for your commitment to Disney Parks, experiences and products in delivering world-class entertainment to our guests.

Josh

Disney vs. DeSantis

Florida’s governor and the Walt Disney Company have first clashed with other recent state laws and proposals over the controversial and controversial Florida law on gender awareness and gender identity in public schools.

Bob Chapek was the CEO at the time and was initially silent and complacent on the issue – until intense internal criticism from board members and the controversy over large political contributions to Disney campaigns and attention from individuals who were said to conflict with their own humanitarian principles. .

In retaliation for Chapek’s statement of protest, the governor launched a series of verbal and legal attacks against Disney, leading to the demolition of Reedy Creek and the eventual transfer of power directly under his control. DeSantis argues that he is attacking the vague understanding of what he calls “active politics,” pervading the state. He also said that he aims to put the people of Florida first in his actions.

The governor insisted he would redouble efforts to punish the resort through both the Legislature and the Central Florida Tourism Control Board. In particular, he promised to increase hotel taxes and establish tolls on roads around Walt Disney World Resort property. He also threatened to build a prison on Walt Disney World land and signed a bill requiring government inspections of monorails.

A recent poll found that Americans think DeSantis and Gov. DeSantis did “the right thing” or not, but that the court should side with DeSantis.

For the latest Disney Parks news and information, follow WDW News Today at TwitterFacebook and Instagram.

  • Kate Francis

    Katie is a lover of all things theme parks and an avid reader. Her favorite rides are Spaceship Earth and The Amazing Spider-Man Adventures. You can find her daydreaming in the Florida Sun, and you can find her on [email protected]

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