The Walt Disney Company is joining a growing number of businesses to move some operations out of California to states considered to have a “business friendly climate,” in this case Florida where its second theme park is located.
Florida not only has weathered the coronavirus pandemic without imposing draconian lockdown protocols for businesses but it is also a lower-tax state.
Fox Business News reported on the announcement:
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