Disney Heiress Blasts Company Over Worker Furloughs: ‘WHAT THE ACTUAL F***?’

Outspoken heiress Abigail Disney posted a tweetstorm about the latest COVID-19 news out of her grandfather’s company
2600

“WHAT THE ACTUAL F***????” That’s what Abigail Disney, the outspoken granddaughter of Walt Disney Company cofounder Roy Disney, tweeted Tuesday upon learning that the company was putting 100,000 workers on furlough while still reportedly paying out bonuses to executives and hefty dividends to shareholders.

“Look,” Disney writes, “dividends aren’t ALL bad, given the number of fixed income folks who rely on them. But still 80% of shares are owned by the wealthiest 10%. So that excuse only goes so far.”

The heiress—who last summer said she was “livid” after meeting with Disneyland workers and hearing them describe their pay and treatment—added that the most outrageous part of the company furloughing roughly half of its workforce is that it will still be paying out big bucks to its top brass.

“That’d pay for three months salary to front line workers,” she writes. “And its going to people who have already been collecting egregious bonuses for years.”

As CNN reports, Disney hasn’t revealed dividend plans for 2020 and top company executives took substantial pay cuts in the face of  COVID-19. Former CEO and current chairman Bob Iger will not take any salary during the pandemic and that current CEO Bob Chapek is taking a 50 percent pay cut, but the Disney heiress claims that salary is “just a drop in the bucket for these guys,” while bonus incentives are the “real payday.”

Last year, Iger made $47,525,560, which was 911 times the median worker’s pay. Even forgoing his salary, Iger’s bonus alone will still represent “900 times median wage,” Disney tweeted. “Shareholders have twice voted to rebuff the outrageous pay, so it’s not just that common decency is being flouted here. Its the will of their allegedly all-important ‘owners.’”

Disney also lambasted the company’s PR corps for how it “touted” giving workers a $15 minimum wage in 2018 as “incredible magnanimity” while, she contends, the corporate giant “shaves away the hours to keep folks from being full time.”

Frontline workers who do manage to get full time status will take home $31,000 a year, Disney calculates. “Sounds nice till you consider gas prices and the housing market in Orange County.”

“I don’t have a role at the company,” Disney concluded. “I’m just a citizen who cares and I think that makes me free to say what I believe. But I am an heir. And I do carry this name with me everywhere. And I have a conscience which makes it very difficult for me to sit by when I see abuses taking place with that name attached to them.”


RELATED: Disney Heiress Says She’s “Livid” About Disneyland Wages and Working Conditions


Stay on top of the latest in L.A. food and culture. Sign up for our newsletters today.