And that’s including bonuses, which are incredibly unlikely this year, Chapeks base salary (excluding incentive bonuses) is $2.5 million and Igers is $3 million. $5.5 million divided by 28,000 employees =$196.42 per laid off employee, or about a day and a half of work at $15 an hour.
Even if we assume they get their full bonuses (excluding Igers $20 million in stock) it would equal $34 million or about $1200 per employee, they’d still be laying everyone off, just a week and a half later.
The reality is if they eliminated their salaries it wouldn’t have changed anything, Disneys expenses are in the billions, a few million is a drop in the bucket. The only thing that will save CM jobs is DL reopening and millions of tourists returning to the parks, doesn’t look like DL will happen anytime soon and the millions of tourists returning is even further away.