Disney to furlough workers 'whose jobs aren't necessary' starting April 19 - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

Disney to furlough workers 'whose jobs aren't necessary' starting April 19

On Thursday, Disney announced in a statement that it would be forced to furlough some employees due to the economic impact of the novel coronavirus pandemic on the parks.

"The COVID-19 pandemic is having a devastating impact on our world with untold suffering and loss, and has required all of us to make sacrifices," the company said. "Over the last few weeks, mandatory decrees from government officials have shut down a majority of our businesses. Disney employees have received full pay and benefits during this time, and we've committed to paying them through April 18, for a total of five additional weeks of compensation.

According to Disney, the furlough process will begin on April 19, and those impacted by the measure will remain Disney employees with full healthcare benefits. The cost of employee and company premiums will continue to be paid for by Disney, and those enrolled in Disney Aspire will have continued access to the education program.

"Additionally, employees with available paid time off can elect to use some or all of it at the start of the furlough period and, once furloughed, they are eligible to receive an extra $600 per week in federal compensation through the $2 trillion economic stimulus bill, as well as state unemployment insurance," the statement added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

PARISDENNARD Why not the Government (I mean tax payers) will pay them 100% of their salaries for the next 4 months....

PARISDENNARD I sure hope they dont mean Cinderella

PARISDENNARD And when they open again , people will flood their gates like cockroaches. When there are no longer consequences, when no one is shunned for bad behavior, welcome to America today. Why do what is moral.

I hope Disney is paying them. Disney can afford to.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bills due on April 1st add to the financial strains of covid-19Altogether, American households and firms will owe around $125bn on April 1st. How much might go unpaid? King 🙂🙂 solution covid-19..every citizen must have a bottle with 250ml vegetable oil.applyin on hands several times a day. Totaly forbiden the use of cloves. Using masks for at least 15 days from applying oil on hand. Then we have al the serios engeries in hospial.must reactivate economy American households will pay 100% of what they owe. Firms will pay 23%.
Source: TheEconomist - 🏆 6. / 92 Read more »

K-Pop Star Jaejoong Lied About Having COVID-19 for April Fools' DayHeavy backlash from fans has ensued. Ok.
Source: TeenVogue - 🏆 481. / 51 Read more »

Social distancing to stay until April 19, will re-evaluate after Easter: MerkelGerman Chancellor Angela Merkel said on Wednesday that social distancing measures implemented to slow the spread of the coronavirus will be kept in place until April 19 and will be re-evaluated the Tuesday after Easter. 🙏❤️ lataciturna Esto es lo prudente Social distancing or Physical distancing?
Source: Reuters - 🏆 2. / 97 Read more »

Lou & Grey's April Arrivals Are Here, and These 19 Loungewear Pieces Are Worth BuyingLou & Grey has quickly become our go-to brand for all things loungewear. From cozy sweatsuits to supersoft t-shirt dresses, you can find everything you
Source: POPSUGARFashion - 🏆 28. / 68 Read more »

New on Disney+: April 2020Here's the full list of what's new on Disney+ this month Exciting to see that we can stream Disney in our homes and keep children entertained with stories that capture imaginations. 👑☘️ Please, help to FlattenTheCurve This is a news story?
Source: NYMag - 🏆 111. / 63 Read more »

Amazon extends its remote work policy for corporate employees through April 24 - Business InsiderAmazon had about 798,000 full-time and part-time employees at the end of 2019, but it's unclear how many employees the guidance covers.
Source: BusinessInsider - 🏆 729. / 51 Read more »