Various aspects of The Walt Disney Company were and continue to be impacted by the global pandemic.
Now, we’re hearing about one change that affected Disney and Fox Corporation executives directly that has already or will soon be going away.
Abigail Disney, the granddaughter of the late Roy Disney, has been critical of The Walt Disney Company, even before the events surrounding our current situation began unfolding.
And while she’s already been openly expressing her opinions in regards to some of the tough decisions Disney has been forced to make, she posted a long thread of criticism on Twitter yesterday which has a LOT of people talking.
At this time, Disney World and Disneyland will remain closed until further notice and will be compensating their employees until April 18th, after which all non-essential Cast Members will be short-term furloughed.
And while the parks are accepting new reservations starting after June 1st, they’ve just released all of their incoming college interns and cultural representatives from their Disney programs which were scheduled to begin in early June.
Combined with other efforts to budget-cut due to theme park losses compounded by hits to nearly all of Disney’s primary entertainment silos, news broke recently that some of Disney’s most highly-paid executives were taking major salary cuts, including current CEO Bob Chapek and CEO-turned-Chairman Bob Iger.