4.6 • 716 Ratings
🗓️ 13 October 2020
⏱️ 6 minutes
🧾️ Download transcript
Today is Tuesday, October 13, and we’re looking at Disney vs. Universal.
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0:49.3 | Thank you. From Wondery, I'm David Brown, and this is Business Wars Daily on this Tuesday, October 13th. |
1:08.6 | It has been a cruel month for Disney workers. On September 29th, Disney announced layoffs for 28,000 people, mostly those who work for its parks and resorts division, or in Disney speak, cast members. |
1:22.4 | Layoffs affect all types of employees, from actors and singers to bus drivers, ride mechanics, and cruise ship operators. |
1:29.6 | Close to 70% of the people receiving digital pink slips work part-time. In many cases, these |
1:35.3 | employees have been furloughed since April, shortly after COVID-19 forced Disney to close its |
1:40.1 | theme parks and cruise line. Furloughed employees stopped receiving wages but kept their benefits. |
1:45.7 | Now, following a period of severance pay, they could lose everything. |
1:49.9 | Not that it hasn't already been bleak. |
1:52.4 | Unite here local 737 is an Orlando union representing 18,000 Disney Hotel and Food Service employees. |
2:00.4 | Last summer, the union organized a weekly food bank planning provisions for 200 families. |
2:05.6 | One day in late September, the line of people waiting for food stretched two miles. |
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