- July 16, 2021
- Posted by: Stratford Team
- Category: Business
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The Walt Disney Company is the latest business to plan to move some operations out of California in favor of a lower-taxed state.
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.
Disney will move about 2,000 jobs from its California headquarters to a new campus in Lake Nona in Orlando, Florida. (Courtesy of Lake Nona)
D’Amaro said the company decided to make the move in part because of “Florida’s…