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Walt Disney to Give $1,000 to Employees

Walt Disney to Give $1,000 to Employees On Tuesday, the company announced 125,000 U.S. employees will be eligible for the $1,000 one-time cash bonus. Many big businesses received a 21 percent corporate rate cut due to the federal tax reform. The reform also allows the company to invest $50 million in an education fund for hourly employees. The initiative aims to help 88,000 hourly employees with tuition costs. $25 million will then go toward the fun on an annual basis.

Source: Inform News

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