Disney Offers Early Retirement to Longtime Executives Amid Wave of Layoffs
· Telemundo McAllen (KTLM)
The entertainment giant Disney is offering early retirement plans to long-serving executives as part of a strategy amid a wave of mass layoffs aimed at reducing costs. On Monday morning, Disney's Executive Vice President and Chief Human Resources Officer, Sonia Coleman, sent an internal memo announcing the program, which aims to provide eligible executives the opportunity to retire with a package 'that acknowledges their service and contributions,' according to the digital outlet Deadline. The plan includes severance pay of up to one year and the right to maintain medical coverage for the same duration as company employees.
AI summary · Source: Telemundo McAllen (KTLM) →
