- Disney is backtracking on a plan to build a nearly $1 billion campus in Florida, The Wall Street Journal reported.
- The plan would have moved about 2,000 Disney staff members to a town just outside Orlando.
- The decision appears to be another development in Disney’s battle with Florida Gov. Ron DeSantis
Walt Disney made U-turn on its decision to build a nearly $1 billion corporate campus in Florida, according to a report from The Wall Street Journal.
The campus would have moved more than 2,000 Disney employees to a town near Orlando. They’re no longer set to move, according to the report.
The Journal said that Disney’s head of Parks, Experiences and Products, Josh D’Amaro, announced that the plan had been abandoned in an internal email to staff on Thursday.
“While some were excited about the new campus, I know that this decision and the circumstances surrounding it have been difficult for others,” D’Amaro wrote, according to Journal. “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.”
The decision to scrap the campus appears to be another development in Disney’s battle with Florida Governor Ron DeSantis.
This is a developing story. Check back for updates.