Anyone noticing lots of retirements in your lines of business? I'm wondering if Cast voluntarily leaving the company will prevent further layoffs. Any thoughts about this?
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they are forcing early retirements for sure
Salaried Cast Members who were or are being laid-off will receive a severance package = 1 week of pay for every year you were with the company + all your accrued vacation and holiday time + extended and deeply discounted health care coverage (for the same number of weeks as your tenure with the company) + two months of regular pay. Cast Members old enough can then draw their retirement after that. I just had this happen to me and was given a check for over $100,000. Not a bad way to end my career with the mouse!
Got my retirement watch today. It's a cheap gold-tone watch in a fancy box. If I bought it I would return it. Can't get back my money or time back from Disney. At least I can put watch on eBay in a few months to get some money back.
When the 28,000 layoffs were announced, rumors were that Tom Fitzgerald and Joe Rohde were laid off or forced to retire. Joe denied it when somebody asked him on Instagram, but said "I'm still at the company."
Doesn't mean he wasn't forced to retire, though, because of course he was still with the company as were many other Imagineers! He did a decent job trying to hide it. Well today WDI just announced that Joe "shared his plan to retire on Jan 4, 2021." Gee, you mean he's not working past the new year like the other Imagineers laid off? Coincidence.
I was involuntarily retired in May with a severance package. Getting my gold Mickey watch next week.
No early retirement packages have been offered as far as I know.
I am not noticing retirements. Which departments?