Tags: bernie sanders | disney | ceo | bonus

Bernie Sanders Slams Disney CEO's $423M Bonus

Bernie Sanders Slams Disney CEO's $423M Bonus
(Radu Razvan Gheorghe/Dreamstime)

By    |   Monday, 04 June 2018 09:51 AM

U.S. Sen. Bernie Sanders, I-Vt., once again has criticized wealthy corporations that fail to pay their workers a “living wage,” taking specific aim at Disney and ABC News.

On Twitter, Sander delivered a stinging tweet that took aim at both corporate media self-censorship and Disney’s failure to adequately pay workers, RT reported.

"I have a feeling ABC will not be asking on its nightly news program tonight how Disney can make $9 billion in profits while three-quarters of Disneyland employees can't afford basic living expenses," Sanders wrote on Twitter.

The former Democratic presidential candidate also spoke out in person Saturday in Anaheim, California, in a rally with Disneyland Resort workers.

“We are joining Disneyland workers today to say: If Disney can afford to pay its CEO up to $423 million, it can afford to pay all of its workers a living wage,” Sanders tweeted on Saturday, posting a video which outlines how much money Walt Disney Co. CEO Bob Iger makes, and how many Disneyland workers are homeless or food-insecure. It also accuses Disney of reneging on a promise to pay workers a $1000 bonus after President Donald Trump’s tax cut.

“The struggle that you are waging here in Anaheim is not just for you,” he told the cheering crowd, according to the Los Angeles Times. “It is a struggle for millions of workers all across this country who are sick and tired of working longer hours for lower wages.”

An independent senator from Vermont who espouses democratic socialism, Sanders lost the Democratic Party’s 2016 presidential nomination to Hillary Clinton but remains an influential voice on the party’s left wing and repeatedly tops opinion polls of the country’s most well-liked politicians, Reuters explained.

The rally was attended by hundreds of Disneyland workers, who are helping a collection of unions across many industries gather signatures for a municipal ballot initiative. If it makes the ballot in November, the measure would require large companies taking subsidies from the city of Anaheim to pay workers at least $15 an hour, Deadline.com reported.

“The struggle that you are waging here in Anaheim is not just for you,” Sanders said. “It is a struggle for millions of workers all across this country who are sick and tired of working longer hours for lower wages.”

Disney (DIS) has been in contract negotiations with 9,500 workers at its resorts (a tally that does not include hotel workers) in recent months, Deadline.com explained.

“We currently are negotiating one of the largest union contracts at Disneyland Resort, with an offer that increases starting wages of 36 percent over three years, paying $15 an hour by 2020 — two years ahead of California’s minimum wage," Suzi Brown, vice president, Disneyland Resort Communications, said in a statement provided to Newsmax Finance.

"In addition, we are launching an education program that will help hourly cast members pursue skills and degrees to further their careers. We are proud of our commitment to our cast, and the fact that more people choose to work at Disneyland Resort than anywhere else in Orange County," Brown said.

"While Mr. Sanders continues to criticize Disney to keep himself in the headlines, we continue to support our cast members through investments in wages and education.”

(Newsmax wire services contributed to this report).

© 2018 Newsmax Finance. All rights reserved.

   
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U.S. Sen. Bernie Sanders, I-Vt., once again has criticized wealthy corporations that fail to pay their workers a “living wage,” taking specific aim at Disney and ABC News.
bernie sanders, disney, ceo, bonus
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2018-51-04
Monday, 04 June 2018 09:51 AM
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