California: Governor Newsom Welcomes Back Thousands of Good Paying Disney Jobs After Company Pulls Plug on $1 Billion Development in Florida
The Californer/10240997

SACRAMENTO ~ Today, Governor Gavin Newsom issued a statement following the announcement by the Walt Disney Company that it will not be constructing its nearly $1 billion office complex in Orlando, Florida. Instead, the company and more than 2,000 jobs will remain in California.

Governor Newsom stated that "authoritarian policies have consequences" and that this announcement is a victory for California and its tens of thousands of Disney employees who know they can live in a state where they are respected and safe. He also expressed his anticipation for Disney's increased investment and growth in California.

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The decision follows conversations between Governor Newsom and the company as well as public urging for Disney to continue to grow and invest in its home state.

California's economy is thriving, with the most equitable tax system in the country, being #1 for new business starts, access to venture capital funding, and tourism spending. Business license applications have increased 46.6% since this time last year – the biggest increase of any state – making California poised to become the fourth-largest economy on planet Earth.

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