“The Craman Countdown” panelists Bankim Chadha and Thomas Hayes provide an in-depth look at investing in cyclical stocks.
Disneyland Workers Four unions representing about 14,000 cast members at the Anaheim theme park said the state of California has authorized a possible strike if their demands are not met.
Their vote, which represents an overwhelming 99 percent of union members, would authorize a strike only if negotiations with Disney fail to reach a new contract. Negotiations are set to begin on Monday, according to the Orange County Register.
of Four combinations They represent a variety of workers and cast members, from ride operators to janitors, at The Happiest Place on Earth.
Disney World attraction revived with renamed characters amid uncomfortable fears
| Ticker | safety | last | change | change % |
|---|---|---|---|---|
| Dis | The Walt Disney Company | 95.75 | -1.04 | -1.07% |
The union’s demands include wage increases as well as disciplinary action against about 700 employees who wore union badges in support of the contract campaign, Inside the Magic reported.
The National Labor Relations Board is currently investigating the allegations.
More than 400 Disney cast members gathered outside the main entrance of Disneyland in Anaheim, California. (Allen J. Schaven/Los Angeles Times via Getty Images/Getty Images)
“and [Wednesday’]”Even with the gatherings canceled, our focus remains on the well-being of our guests and cast members,” a Disneyland official told the Orange County Register.
“We remain committed to meetings scheduled for July 22nd and 23rd to reach an agreement with Master Services that focuses on what matters most to our cast members, our positions. Disneyland Resort It contributes to growth, job creation and enables us to continue delivering great guest experiences.”
Disney employees gathered outside the main entrance of Disneyland Resort in Anaheim, California. (Frederick J. Brown/AFP via Getty Images/Getty Images)
The contract for Disneyland employees ended on June 16th, but Downtown Disney and California Adventure The park’s contract is not scheduled to expire until Sept. 30.
Discussions with Disneyland over employee demands began in April of this year.
Click here to get FOX Business on the go
“Acknowledgements of strikes are not uncommon as part of the bargaining process and are not an indication that a strike is imminent or underway. Disneyland Resort remains open and ready to welcome our guests,” reads a frequently asked questions document about Disneyland union negotiations obtained by the Orange County Register.
