Bob Iger & Willow Bay Donating $5 Million to Los Angeles Small Businesses

Walt Disney Company executive chairman Bob Iger and his wife Willow Bay are donating $5 million to help Los Angeles small businesses during the COVID-19 pandemic. Los Angeles Mayor Eric Garcetti made the announcement on Thursday. https://twitter.com/MayorOfLA/status/1349887845662486530?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1349887845662486530%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.foxbusiness.com%2Fbusiness-leaders%2Fdisneys-bob-iger-donates-5-million-to-los-angeles-small-businesses-strugglign-in-pandemic Iger and Bay, the dean of USC's Annenberg School for Communication and Journalism, previously donated $500,000 to the... Continue Reading →

January 15, 2021 0

2,600+ Non-Union Disneyland Cast Members Impacter by Company Layoffs

Nearly 2,7900 non-Union Disneyland cast members will be impacted by the mass layoffs coming to Disney. According to a WARN notice filed with the state of California, 2,691 non-union Disneyland cast members will be laid off starting December 4, 2020. This is part of the company’s 28,000 layoff announcement from Tuesday. The company cited the... Continue Reading →

September 30, 2020 1

Nearly 6,700 Walt Disney World Workers Impacted by Mass Layoff Announcement

Nearly 6,700 Walt Disney World employees are being laid off as part of the 28,000 announced by Disney Parks on Tuesday. According to a filing with the state, the layoffs will begin December 4th and will impact nonunion workers. The cuts are expected to impact numerous locations, such as Walt Disney World, Disneyland, Walt Disney... Continue Reading →

September 30, 2020 1

Union on Layoffs: We Have Begun Negotiations with Disney

Disney unions are reacting to the unprecedented news of 28,000 cast members being laid off by the company. In an earlier post today, we showed you Disney decided to move forward with the cuts due to the COVID-19 pandemic. The Services Trade Council Union released the statement below: The 6 unions of the STCU represent... Continue Reading →

September 29, 2020 0

Disney Adds 5th Key, Inclusion, to Cast Member Training

For more than 60 decades, Disney has trained cast members to follow four keys in order to be a successful employee. Those keys included: SafetyCourtesyShowEfficiency Now, Disney has added a fifth key in what seems to be a landmark addition: inclusion. The Four Keys were described as an integral part of cast members’ professions across... Continue Reading →

September 24, 2020 1

Former Disney Executive Kevin Mayer Steps Down as CEO of TikTok

Earlier this week Kevin Mayer quit as the CEO of TikTok. This move comes as the Chinese-owned video sharing app faces backlash from President Donald Trump.Kevin Mayer has quit as CEO of TikTok as the Chinese-owned video sharing app faces enormous backlash from President Donald Trump. "In recent weeks, as the political environment has sharply... Continue Reading →

August 29, 2020 0

3Q Earnings Call: Disney Reports Net Loss of Nearly $5B During Pandemic

For the first time, the world is getting to see the financial impact the coronavirus pandemic has had on the Walt Disney Company. In the 3Q Earnings Report, The Walt Disney Co. says the multi-month closure for theme parks cost the company $3.5 billion in operating income. Income for the theme park division, which also... Continue Reading →

August 4, 2020 0

Disney Parks International President Michael Colglazier Leaves Company for Virgin Galactic

Disney Parks International President and Managing Director Michael Colglazier is leaving the company. He is set to take on a new role as CEO of Virgin Galactic. The company is currently preparing for commercial flight to outer space and Colglazier will seemingly lead the company into the historic feat. Virgin Galactic released a statement saying:... Continue Reading →

July 15, 2020 0

Cirque du Soleil Files for Bankruptcy Protection; Plans to Rebuild

Cirque du Soleil Entertainment Group announced today that it and certain of its affiliated companies have filed for protection from creditors under the Companies' Creditors Arrangement Act (CCAA) in order to restructure its capital structure. Its application under the CCAA will be heard June 30th by the Superior Court of Québec (Commercial Division) (the "Court").... Continue Reading →

June 29, 2020 1

Disney English Ending After 12 Years in China

Disney is pulling the plug on Disney English after 12 years in China, the company announced Monday. The Walt Disney Company opened its first learning center in Shanghai in October 2008. Designed for the domestic market, its English-immersion classes, featuring storytelling, singing and interactive games, soon became popular. Disney English has 26 centers across the... Continue Reading →

June 22, 2020 0

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