Disney Scraps $1 Billion Florida Investment Amid Ron DeSantis Feud
Josh D'Amaro (head of Disney's Parks, Experiences and Products) said the company's decision was the result of "considerable changes" that have taken place since it was first announced, including "new leadership and changing business conditions. This was not an easy decision to make, but I believe it is the right one," he said. Disney will no longer ask employees to move and will discuss next steps with those who have already done so.
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