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Stock impact report

Disney union workers rally for better pay ahead of contract fight [Los Angeles Times (CA)]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Theme park ride operators, candy makers, custodians and cashiers rallied just outside of Disney's California Adventure on Tuesday morning to kick off a contract campaign a week before the first round of bargaining is set to begin. “It is time for Disney to step up and take care of their cast members,” said Andrea Zinder, president of UFCW Local 324, at a press conference. “They are the reason Disney's revenue continues to grow. They are the reason why Disney can plan a $1.9-billion expansion project because the theme parks are so profitable.” The Master Services Council, comprised of four major unions, represents 13,000 workers at the Disneyland Resort. Its current contract with the company expires on June 16, but both sides will come to the bargaining table soon in hopes of hammering out a deal. “We value our cast members and have a long and positive history of working with the unions that represent them,” said Jessica Good, a Disneyland Resort spokesperson. “We look forward Show less Read more
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