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Wednesday, 2 December 2020

Walt Disney layoffs leave thousands of workers in 'an awful lot of pain'

Meanwhile Disney reinstates executive pay and salaries in August 2020 to pre-pandemic levels

For years the magic kingdoms of Walt Disney theme parks have promised an idealized and very American vision of a perfect world – as well as employing many thousands of workers and giving them a chance of stable work.

But in the wake of the Covid-19 pandemic those opportunities are collapsing amid mass layoffs and benefit cuts, even as some top executives hike their pay back to pre-coronavirus levels.

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from The Guardian https://ift.tt/3ok30qF

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