Disney Reportedly Abandons Plans for New Theme Park Amid Mass Layoffs

Over the past 25 years, Disney has transformed several of its destinations by introducing second theme parks. Disney California Adventure opened beside Disneyland Park in 2001, the same year Tokyo DisneySea debuted in Japan. Disneyland Paris followed with Walt Disney Studios Park in 2002. These additions have helped transform Disney resorts into multi day vacation destinations, giving guests more...

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