The Walt Disney Company sustained an early financial hit from the Covid-19 pandemic, as the company was forced to shutter its theme parks and cruise lines, first in Asia and Europe, followed by North America. Now with theaters closed around the world, the company is furloughing some of its workforce starting on April 19, most likely from the amusement parks. In making the announcement the company instructed employees on how to apply for government benefits.
“The Covid-19 pandemic is having a devastating impact on our world,” stated the Walt Disney Company on Thursday, “with untold suffering and loss, and has required all of us to make sacrifices. 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.
“The Covid-19 pandemic is having a devastating impact on our world,” stated the Walt Disney Company on Thursday, “with untold suffering and loss, and has required all of us to make sacrifices. 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.
- 4/2/2020
- by Anne Thompson
- Indiewire
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