The Lake Nona complex would have included several buildings employing 2,000 Disney workers that would have been relocated from California to Florida. The decision to scrap the Lake Nona campus also comes as Disney cuts more than$5 billion in costs, with CEO Bob Iger seeking a "transformation."...
The jobs will be located at a new Disney campus being built in Lake Nona, a community in Orlando. The move was set to take place over 18 months, starting in July. Central Florida is seeing historic lows of available houses for sale, which Armel said is making the moves more difficult...
In May 2023 Reuters reported that Disney was scrapping its 2021 plan to build a nearly $1 billion corporate campus at Lake Nona. “We truly regret the disruption you’ve all faced due to this initiative,” a Disney representative told Fong and De La Cruz in an email. The two ...
As a result, some employees slated for relocation as part of the Lake Nona project experienced a change of plans. The planned project involved a new corporate campus near Orlando, Fla. The $900 million+ plan would have been the home to over 2,000 relocated employees. Disney recently made w...
According to FOX Business, a potential repeal of the act could impact the entertainment company’s plans to move roughly 2,000 employees in its Parks, Experiences and Products division from California to a new campus being constructed in Florida’s Lake Nona. FOX 35 Orlando, FOX Business,...
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Two employees of The Walt Disney Company who relocated from California to Central Florida before Disney abruptly canceled its proposed $1 billion Lake Nona campus are suing their employer for what they allege was misrepresentation. No description available That Drew Brees is the bee’s knees ⚜Rea...
Jeremy T. Redfern, a spokesman for his office said, “Disney announced the possibility of a Lake Nona campus nearly two years ago. Nothing ever came of the project, and the state was unsure whether it would come to fruition.” Redfern also took a swipe at the entertainment empire: “...