Robert ReichOusted Disney CEO Bob Chapek is set to receive a golden parachute worth ~$23 million.
Meanwhile, Disney is dragging its feet on paying its workers better wages to keep up with the rising cost of living.
It’s corporate greed above all else.
Bouriquet@rbreich Why a parachute? Was someone in his contract? High pay, high risk…push ‘em out and let ‘em fall. That’s what they’d do to other employees during a layoff. Or is this a firing due to lack of performance? Why should that come with a reward? Such “unearned income” should be taxed at a much higher rate.