⁍ U.S. Senator Elizabeth Warren slammed Walt Disney Co’s move to lay off 28,000 workers while making shareholder payouts.

---

⁍ Warren, a progressive former U.S. presidential candidate, blasted the entertainment company for the layoffs.

---

⁍ Disney said Warren’s ‘misinformed letter contains a number of inaccuracies

– Sen. Elizabeth Warren has a message for Walt Disney: “Hang your front-line workers out to dry.” In a letter to Disney CEO Bob Iger, the Massachusetts senator slams the company for laying off 28,000 workers—about two-thirds of them part-time—while making “short-sighted” financial decisions including paying dividends and buying back stock, Reuters reports. “I would like to know whether Disney’s financial decisions have impacted the company’s decision to lay off workers,” Warren writes. “It appears that—prior to, and during the pandemic—Disney took good care of its top executives and shareholders—and now is hanging its front-line workers out to dry.” In a statement, Disney says Warren’s “misinformed letter contains a number of inaccuracies.” The company says it has “unequivocally demonstrated our ability to operate responsibly with strict health and safety protocols in place at all of our theme parks worldwide, with the exception of Disneyland Resort in California, where the State has prevented us from reopening even though we have reached agreements with unions representing the majority of our Cast Members that would get them back to work.”