Disney heiress vents at ‘pillaging’ executives
One of Walt Disney Co’s most vocal critics has fired off another tweetstorm.
Heiress Abigail Disney has long been a champion of workers’ rights at the company and slammed Disney for furloughing more than 100,000 workers while maintaining some executive bonuses and shareholder dividends.
"Disney faces a rough couple of years, to be sure but that does not constitute permission to continue pillaging and rampaging by management," she tweeted.
Abigail Disney is the granddaughter of company co-founder Roy Disney
She called out the expected $1.5 billion in bonuses and dividends to shareholders as unjust in the current climate.
"That’d pay for three months’ salary to front line workers and it’s going to people who have already been collecting egregious bonuses for years," she tweeted.
"Eighty percent of shares are owned by the wealthiest 10%. Pay the people who make the magic happen with respect and dignity they have more than earned from you."
"This company must do better."
The unprecedented scale of furloughs will save the company about $500 million in payroll costs.
Disney executives have also taken a pay cut or are foregoing a salary until the pandemic ends.
However Abigail Disney said: "Salary is a drop in the bucket for these guys. The real payday is in the rest of the package."
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025