Coronavirus Leads To Thousands Of Furloughed Workers At Disney World
The effect of the coronavirus pandemic is extending beyond the public’s health and into their livelihood. Just recently, Disney World has had to furlough thousands of employees because of closures brought about by the ongoing pandemic.
According to Variety, 43,000 staffers at the Disney World theme park will be furloughed starting Apr. 19, as the coronavirus pandemic has caused the indefinite closure of the theme park. Disneyland has also been indefinitely closed.
Also hit with furloughs have been Walt Disney’s film labels, which include Searchlight, Lucasfilm, Pixar, and Marvel.
CBS News quotes a statement from the workers’ union that the company has guaranteed that the workers’ benefits, wage rate, seniority, and job will remain intact during the duration of the furlough.
The union also assured workers that their insurance will still be covered by Disney, including life insurance, dental insurance, medical insurance, and the like.
The workers that have been furloughed can also ask for unemployment assistance from the state of Florida, where Disney World is located. However, the union has noted that Florida’s unemployment system is “terrible.”
Aside from this furlough, Walt Disney Co. has had to deal with a lot of economic fallout brought about by the coronavirus pandemic. For instance, there is growing unrest among Disney executives because of cuts to their base salaries implemented by the company.
In an email sent out by Disney CEO Bob Chapek, it was revealed that vice presidents, senior vice presidents, and executive vice presidents will all get cuts to their base salary, ranging from 20 to 30 percent. Chapek himself is also getting a 50 percent cut to his base salary while Disney chairman Bob Iger gave up practically all of his salary.
Aside from Disney, most of the entertainment industry is set to be hit hard by the coronavirus pandemic. The month of March saw the North American box office suffer a $600 million deficit, while moviehouse closures in big markets like South Korea and Japan are expected to result in a $5 billion loss for the global film industry.
There does not seem to be any relief in sight as the coronavirus pandemic is showing no signs of slowing down. In the World Health Organization’s situation report for Apr. 13, the number of confirmed COVID-19 cases around the world is now at 1,773,084 people. COVID-19 fatalities are now at 111,652 people.
In the United States, the Centers for Disease Control and Prevention says the number of COVID-19 cases as of Apr. 13 is now at 554,849 people. The number of dead is at 21,942.