Disney cancels $1B Florida campus and employee relocation amid DeSantis feud.
TL;DR Summary
Disney has cancelled plans to open a new employee campus in Florida and will no longer ask over 2,000 California-based employees to relocate to the state. The decision was made due to "changing business conditions" and the return of CEO Bob Iger. The move comes amid a feud between Disney and Florida Governor Ron DeSantis, with the company filing a lawsuit accusing DeSantis and the new board members of its special district of carrying out a campaign of political retribution against the entertainment giant. Despite the cancellation, Disney still plans to invest $17 billion in Florida over the next 10 years and add around 13,000 jobs.
- Disney scraps plans for new Florida campus, mass employee relocation amid DeSantis feud CNBC
- Disney Pulls Plug on $1 Billion Development in Florida The New York Times
- Disney won't move workers to Lake Nona. DeSantis brawl continues Los Angeles Times
- The Walt Disney Co. nixes massive $1B Lake Nona campus in Orlando The Business Journals
- Disney Ends Plans to Relocate Thousands of Employees to New Florida Campus The Wall Street Journal
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