Abigail Disney — the granddaughter of Walt Disney’s brother, Roy Disney is attacking Disney over the company’s decision to furlough hundreds of thousands low-paid workers after paying its executives millions of dollars.
In a Twitter thread Tuesday, the outspoken family heiress slammed Disney’s decision to furlough theme park employees after the company supposedly paid dividends to shareholders and gave executives big bonuses.
“WHAT THE ACTUAL F***?????” tweeted the Disney heiress, on Tueaday. Take a look at the thread below:
WHAT THE ACTUAL F***????? Look, 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. But the REAL outrage is, of course, those bonuses…2/
— Abigail Disney (@abigaildisney) April 21, 2020
“THIS COMPANY MUST DO BETTER,” she wrote in all-caps, asking Disney executives to give up some of their “already ample compensation” so the company can keep paying hourly employees. She called out former Disney CEO Bob Iger in particular, noting that his $47 million salary last year is more than 900 times the median Disney worker’s pay.
Disney hasn’t revealed dividend plans for 2020, and the company’s top executives took substantial pay cuts because of Covid-19.