Disney will lay off tens of thousands of employees
Walt Disney Co. will carry out large-scale reductions among its employees. According to the Variety edition, in agreement with the trade unions, about 43 thousand employees of the Disney World amusement park, which was closed due to the coronavirus pandemic, will be fired. At the same time, the company guarantees coverage of all medical insurance costs of those dismissed for 12 months and is also ready to pay for coronavirus testing for those of them who express such a desire. The downsized workers are also guaranteed priority employment when the entertainment industry is back on track. Only 200 specialists will remain in their jobs to keep the engineering systems operational during the downtime. All of these emergency measures will take effect on April 19, 2020. Recall that earlier the management of Walt Disney announced their readiness to significantly reduce their patches during the crisis. So, the CEO of the company Bob Iger completely refused from the remuneration due to him, the managers of divisions will receive 20-30 percent less than indicated in their contracts. The Topic of Article: Disney will lay off tens of thousands of employees. |
