As a result of the decision, Disney executive Josh D’Amaro said the company will no longer be asking some employees to relocate. Disney says it will also work with employees who have already moved to Florida, and discuss the possibility of moving back.
The company announced the project in 2021, and reports indicated it could have benefited from as much as $500 million in state tax incentives.
Disney had already pushed back the timetable for the Lake Nona development to 2026. Many company employees resisted the move from California to Florida, and some quit. Those complaints grew louder amid the battle with DeSantis. D’Amaro indicated in the memo that the theme park investments are in doubt, saying “I hope we’re able to do so.”
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