Disney has abandoned plans to open up a new employee campus in Lake Nona amid continued retaliation attacks from Governor DeSantis.
In a memo to employees, CEO Bob Iger and Josh D’Amaro, chairman of Disney’s parks cited “changing business conditions” announced that the company will not move forward with construction of the campus and will no longer be asking more than 2,000 California-based employees to relocate to Florida.
“This was not an easy decision to make, but I believe it is the right one,” D’Amaro told employees.
D’Amaro said employees who have already moved to Florida may be able to relocate back to California.
“It is clear to me that the power of this brand comes from our incredible people, and we are committed to handling this change with care and compassion,” he said.
“Given the considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions, we have decided not to move forward with construction of the campus,” said Josh D’Amaro.
The campus was originally slated to open in 2022-2023, but was later delayed to 2026.
D’Amaro reiterated in his memo that the company still plans to invest $17 billion in Florida over the next 10 years, including the addition of around 13,000 jobs. The company currently employs more than 75,000 people in the state.