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Disney stops paying 100,000 workers to save $500m

Disney stops paying 100,000 workers to save $500m

Walt Disney will stop paying more than 100,000 workers this week, almost half its workforce, as the world’s largest entertainment company tries to overcome the coronavirus blockage. Suspending the wages of thousands of so-called cast members will save Disney up to $ 500 million a month at its theme parks and hotels, which have been … Read more