Disney to Pay Theme Park Workers During Coronavirus Shutdown
Walt Disney (NYSE: DIS) has made the decision to shut down its theme parks, resort hotels, and cruise line in the United States. The decision is due to guidance that Americans stop gathering until the coronavirus threat passes.
So far, the company has said its U.S.-based properties would be closed until the end of the month. The reality is that Disney does not really know when it will be safe to reopen. It has, however, said it plans to pay all cast members (its designation for theme park, hotel, and cruise line employees) through the announced shutdown.
Disney has closed all of its theme parks in the U.S. Image source: Walt Disney.
Source Fool.com
