Disney World furloughing 43,000 more workers due to virus [ABC News]
Walt Disney Company (The) (DIS)
Last walt disney company (the) earnings: 2/4 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
thewaltdisneycompany.com/investor-relations
Company Research
Source: ABC News
ORLANDO, Fla. -- Walt Disney World plans to stop paying wages to 43,000 workers in about a week while allowing them to keep their benefits for up to a year in what is the largest wave of furloughs since the theme park resort closed in mid-March because of the newcoronavirusWorkers will be able to keep their medical, dental and life insurance benefits for the length of the furlough period, or up to a year. Seniority and wage rates will remain unchanged for the workers whose furloughs start April 19, according to a statement from the Service Trades Council, the coalition of unions representing the Disney World workers.“The union agreement provides stronger protections and benefits for 43,000 union workers at Disney than virtually any other furloughed or laid-off workers in the United States," the union said in a statement to members.About 200 workers will remain on the job performing “essential duties" during the closure, and they will be offered positions based on seniority, the union
Show less
Read more
Impact Snapshot
Event Time:
DIS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DIS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DIS alerts
High impacting Walt Disney Company (The) news events
Weekly update
A roundup of the hottest topics
DIS
News
- California man arrested for allegedly making online death threats against JD Vance during Disneyland visit [FOX News]FOX News
- Business Rundown: The President's Plan To Make Housing Affordable Again [FOX News]FOX News
- Kevin Hassett floats 'Trump card' proposal after pushback on credit card interest rate cap [FOX Business Network]FOX Business Network
- What To Watch This Weekend: New Shows And Movies To Stream On Netflix, Hulu, Prime Video, Apple TV And More [Forbes]Forbes
- Walt Disney (NYSE:DIS) had its price target lowered by analysts at Citigroup Inc. from $145.00 to $140.00. They now have a "buy" rating on the stock.MarketBeat
DIS
Earnings
- 11/13/25 - Beat
DIS
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- DIS's page on the SEC website