Thursday, April 23, 2020

Disney furloughs workers but still pays managers huge bonuses

It's not unreasonable that Disney is furlough 50% of its workforce since it's closing its parks.

However what is something that stinks is that they will continue to give top managers a total of $1.5 billion in bonuses, three months of pay for those workers being laid off.

This is the sort of "capitalism" that modern conservatives reject. Long gone are the days when anyone support unrestricted capitalism where rich robber barons could break unions and exploit workers.

While this isn't something that the government should "fix" we the people should shame Disney and possibly boycott it if it goes through with this.

After all if Trump can shame Harvard, with its $40 billion dollar endowment, into not taking money meant for colleges in need who knows maybe we can get Disney to at least freeze bonuses and set up a fund for workers.

An interesting question however is with business tanking why are mangers getting bonuses?  Sure COVID19 isn't their fault but small businesses across America are sacrificing management perks to keep loyal employee's working so why isn't Disney doing that?

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