Disney has cancelled its plans to expand its operations in Orlando, Florida, citing "changing business conditions" as the reason. The expansion would have included a new employee campus in Lake Nona and the relocation of the company's Imagineering team, and was estimated to cost $1 billion and relocate more than 2,000 California-based employees. Tensions between Disney and Florida Governor Ron DeSantis have been escalating, and with the return of CEO Bob Iger, Disney has decided to abandon the plans and keep its employees in California.
