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Disney theme park workers get share of €175m profit | Planet Rides
     

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Disney theme park workers get share of €175m profit

Workers at Disneyland Paris have been given a share of the theme park and resort’s €175m (US$189m, £147m) profits, with the reward coming following a series of strikes at the attraction last year




Disneyland Paris’s workers have received significant contract improvements following a series of strikes last year   Credit: Disney

Workers at Disneyland Paris have been given a share of the theme park and resort’s €175m (US$189m, £147m) profits, with the reward coming following a series of strikes at the attraction last year.

The strikes, which took place at both theme parks inside the Disneyland Paris resort last summer, saw thousands of workers protest against inadequate pay. The strikes resulted in the cancellation of Dinsey’s famous nightly fireworks show and booing from visitors, with videos of the backlash going viral on social media.

Euro Disney Associés (EDA), which operates Disneyland Paris, met with unions representing its 17,702 staff three times in August and September 2023, to negotiate pay for the following year.

An internal survey of union members found that 28% of Disney cast members experienced food insecurity, while 42% had to miss work for medical treatment because they hadn’t earned enough sick leave with the operator. 64% of respondents said that they would spend more than half their monthly paycheck on rent.

Among a number of benefits improvements, including a 5.5% pay rise, a €700 bonus and a €1,200 transport subsidy, a profit share was agreed for any employee who had worked for the resort for at least three months. According to Forbes, the profit share worked out at €525 (US$568, £441) per employee.

Disney has committed to investing US$60bn (€55.4bn, £46.6bn) in its experiences division over the next decade, including a US$1.9bn (€1.76bn, £1.5bn) expansion of Disneyland. In 2023, Disney’s parks and experiences division accounted for around a third of the company’s overall revenue and more than two-thirds of operating income.


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Disney theme park workers get share of €175m profit | Planet Rides
news

Disney theme park workers get share of €175m profit

Workers at Disneyland Paris have been given a share of the theme park and resort’s €175m (US$189m, £147m) profits, with the reward coming following a series of strikes at the attraction last year




Disneyland Paris’s workers have received significant contract improvements following a series of strikes last year   Credit: Disney

Workers at Disneyland Paris have been given a share of the theme park and resort’s €175m (US$189m, £147m) profits, with the reward coming following a series of strikes at the attraction last year.

The strikes, which took place at both theme parks inside the Disneyland Paris resort last summer, saw thousands of workers protest against inadequate pay. The strikes resulted in the cancellation of Dinsey’s famous nightly fireworks show and booing from visitors, with videos of the backlash going viral on social media.

Euro Disney Associés (EDA), which operates Disneyland Paris, met with unions representing its 17,702 staff three times in August and September 2023, to negotiate pay for the following year.

An internal survey of union members found that 28% of Disney cast members experienced food insecurity, while 42% had to miss work for medical treatment because they hadn’t earned enough sick leave with the operator. 64% of respondents said that they would spend more than half their monthly paycheck on rent.

Among a number of benefits improvements, including a 5.5% pay rise, a €700 bonus and a €1,200 transport subsidy, a profit share was agreed for any employee who had worked for the resort for at least three months. According to Forbes, the profit share worked out at €525 (US$568, £441) per employee.

Disney has committed to investing US$60bn (€55.4bn, £46.6bn) in its experiences division over the next decade, including a US$1.9bn (€1.76bn, £1.5bn) expansion of Disneyland. In 2023, Disney’s parks and experiences division accounted for around a third of the company’s overall revenue and more than two-thirds of operating income.


 



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