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Wednesday, January 24, 2018

Disney Hands Out $125 Million in Employee Bonuses, Credits Trump Tax Cuts

The Walt Disney Company announced Tuesday it will give a one time, $1,000 cash bonus to 125,000 U.S.-based employees, for a whopping total of $125 million. And according to an internal memo obtained by TheWrap, Disney CEO Bob Iger said the bonuses come “as a result of the recently enacted tax reform” passed by Republicans in December.

The one-time $1,000 cash bonus will be distributed in two payments of $500, the first in March and the second in September. All U.S.-based Disney employees, either hourly or salaried, who have been with The Walt Disney Company since Jan. 1 of this year will be eligible. In accordance with federal law, the company said it will work separately with union representatives to determine possible distribution plans for union employees.

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12 comments:

Anonymous said...

They can afford it !! AS Overpriced as their Parks & Ships
are !!!!

Anonymous said...

1215-If it was overpriced, it wouldn't be packed. I'm a happy shareholder who has never gone to any Disney park or vacationed on a Disney cruise ship.

JoeAlbero said...

12:59, I've also been a stock holder since 1980. You know I'm happy!

Anonymous said...

The unions will work out distributions, with the unions first in line for their cuts.

Anonymous said...

Would that beeeee cheshire cat smile happy there Joe?

(big cheeeeeeeeeeeeeeeeeese smile!!!!!)

Anonymous said...

Pay for the WALL !!!

Anonymous said...

Yeh after they FORCED out american workers, who had to train their Foreigner replacements

Anonymous said...

2:05 HUH, for real?

Anonymous said...

In case joe does not post the link i sent :( just goggle

"Disney replaces workers"

JoeAlbero said...

5:31, with all due respect, Disney does not have employees, per se. Disney leases employees through a company that hires them.

Anonymous said...

Regardless joe what they did was not right. They screwed americans

Anonymous said...

Build a New Cruise Ship Now !!!!